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New U.K. Cyber Strategy Invests $2.1 Billion In Cybersecurity

Rich Abott By
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New U.K. Cyber Strategy Invests $2.1 Billion In Cybersecurity
UK Chancellor of the Exchequer Philip Hammond. Photo: HM Treasury.

The United Kingdom (U.K.) Chancellor of the Exchequer announced $2.1 billion in cybersecurity investments on Tuesday as part of the government’s new National Cyber Security Strategy For 2016-2021.Philip Hammond MP, U.K. Chancellor of the Exchequer, said that given the country’s reliance on cyberspace in infrastructure, government, and the commercial sector, the technological advancements bring risks as well as opportunities. “We need a secure cyberspace-and we need to work together business and government to deliver it,” he said in a speech…

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