After Sony hack, Obama proposes $14 bn to boost cyber security
February 03, 2015  08:44
United States President Barack Obama has proposed $14 billion for the fiscal 2016 to boost cyber security across the US.

Obama in his budget sent to the US Congress yesterday proposed to increase the cyber security budget by $1 billion to $14 billion, keeping in view the increased cyber attacks from countries like China and Russia and the recent hacking attack on Sony Pictures.

For the past several years, White House budgets have kept cyber spending around  $3 billion. Cyber threats targeting the private sector, critical infrastructure, and the federal government demonstrate that no sector, network, or system is immune to while also protecting individual privacy.

The budget identifies and promotes initiatives and priorities, including the deployment of intrusion detection and prevention capabilities and enhancement of Government information sharing capabilities with the private sector so that they can be more vigilant and better protect themselves against emerging threats, the proposals said.
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