Australia to invest a record A$1.35bn in cyber security

Dubbed the Cyber Enhanced Situational Awareness and Response (Cesar) package, the investment will help Australia identify cyber threats, disrupt foreign cyber criminals and build industry partnerships, said Australian prime minister Scott Morrison yesterday. Noting that malicious cyber activity undermines the Read More …

Singapore to spend $719m beefing up government’s cyber, data security systems

The Singapore government will look to invest SG$1 billion to beef up its cyber and data security systems, which it says is critical as its agencies increasingly adopt technologies such as artificial intelligence (AI), cloud, and Internet of Things (IoT). Read More …

There’s a new £13.5m government-backed London office for cyber security innovation opening today at Plexal

The London Office for Rapid Cyber security Advancement (LORCA) has officially opened its doors today in East London. Launched by digital secretary Matt Hancock, LORCA will be run by tech innovation centre Plexal, located on the Here East digital campus Read More …

Israel accounts for 16 percent of global cybersecurity investment, second only to U.S.

Israel’s cybersecurity industry raised $814.5 million in venture capital and private equity investment in 2017, a 28 percent rise over 2016 that brings the country to second only to the United States, according to research by Start-Up Nation Central. Israeli cybersecurity companies, centered Read More …

Analysts: U.S. nuclear modernization plan under-invests in cybersecurity

The nuclear posture review specifically mentions “expanding threats in space and cyberspace.” Since a leaked draft of the Defense Department’s nuclear posture review was revealed by the Huffington Post, analysts and arms control experts have sounded alarms about language in Read More …