UK Increases Its Security Budget

October 20, 2010

The UK government has earmarked an additional $790 million (approx.) to help the UK defend against the growing threat of cyber attacks.

Prime minister David Cameron said in the House of Commons that the rise in "unconventional threats" had made an increase in spending on cyber defences necessary.

"Over the next four years, we will invest over £500m of new money in a national cyber security programme," he said in a statement on the Strategic Defence and Security Review. "This will significantly enhance our ability to detect and defend against cyber attacks, and fix shortfalls in the critical cyber infrastructure on which the whole country now depends."

With the advent of Internet of Things (IoT) technology and Industrial Internet of Things (IIoT), the cyber security practices are increasingly getting integrated with the physical security practices.

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