US President Barack Obama wants to increase spending on cyber security in his proposed budget for the fiscal year 2014, which starts in October.
Obama said that he wanted to increase the military cyber forces led by the US Cyber Command and bump up funding for cyber security information sharing in the Department of Defense (DoD) allocation.
"We must confront new dangers, like cyber attacks, that threaten our nation’s infrastructure, businesses, and people," said POTUS.
"The budget supports the expansion of government-wide efforts to counter the full scope of cyber threats, and strengthens our ability to collaborate with state and local governments, our partners overseas, and the private sector to improve our overall cybersecurity."
The president pointed out in the budget that recent attacks on banks in the States and on the government showed that no network was immune to attack. To combat these attacks, Obama wants to expand the government's cyber expertise and link up different cybersecurity centres and analytics "in real time".
Source: The Register. Read full article. (link)