Feeds

May promises £63m for cybercrime fight

Less than ten per cent of cyber security budget

High performance access to file storage

Home Secretary Theresa May has announced a £63m boost to police budgets for combatting cyber crime.

The money will come from the £650m being spent on beefing up the UK's national cyber defences announced last year.

The move to a proactive, and attacking, form of cyber defence was explained to the Reg by "senior Whitehall officials" in 2009. They warned the newly-formed Office of Cyber Security, within the Cabinet Office, that the main threats to UK infrastructure comes from organised criminals, not terrorists.

Officials also made clear that attacks were no longer likely to be "online only" - 90 per cent of UK high street transactions are now "online" in some sense.

A potted statement from the Home Office said: "This proposed new funding will be used to develop the UK's overall response to cyber crime. The Government is determined to build an effective law enforcement response to the cyber crime threat building upon the existing expertise within SOCA and the Met Police Central e-Crime Unit.

"More details of the funding allocation will be made public in due course.”

The Home Office press office was unable to confirm the figure of £63m, which was reported by eGovmonitor reporting comments made by Theresa May. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Putin tells Snowden: Russia conducts no US-style mass surveillance
Gov't is too broke for that, Russian prez says
One year on: diplomatic fail as Chinese APT gangs get back to work
Mandiant says past 12 months shows Beijing won't call off its hackers
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Lavabit loses contempt of court appeal over protecting Snowden, customers
Judges rule complaints about government power are too little, too late
Judge halts spread of zombie Nortel patents to Texas in Google trial
Epic Rockstar patent war to be waged in California
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Don't let no-hire pact suit witnesses call Steve Jobs a bullyboy, plead Apple and Google
'Irrelevant' character evidence should be excluded – lawyers
Edward Snowden on his Putin TV appearance: 'Why all the criticism?'
Denies Q&A cameo was meant to slam US, big-up Russia
EFF: Feds plan to put 52 MILLION FACES into recognition database
System would identify faces as part of biometrics collection
Ex-Tony Blair adviser is new top boss at UK spy-hive GCHQ
Robert Hannigan to replace Sir Iain Lobban in the autumn
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.