Wednesday 10 February 2016

White House Budgets $19 Billion for New Cyber-Security Measures

The White House calls for more investment in protecting data and proposes to spend $19 billion this year on a variety of security initiatives, including educating consumers to use two-factor authentication.

President Barack Obama on Feb. 9 proposed spending more than $19 billion over the next year on cyber-security initiatives as part of a new plan to better protect the computers, networks and data of United States’ citizens, businesses and government agencies.The initiatives, which the administration wove together in its 2016 budget proposal as the Cybersecurity National Action Plan (CNAP), aim to secure government computers and increase the security of corporate networks and citizens’ data. The White House earmarked $19 billion in its proposed budget for cyber-security, an increase of 35 percent over the previous year, Michael David, special assistant to the President and cyber-security coordinator, said in a statement posted to the official White House site. For the full article click here 



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