Britain to build cyber attack forces to tackle Islamic StateNovember 18, 2015 - 16:23 AMT PanARMENIAN.Net - The British government has announced a bold series of new programs to boost its cyber security defenses, including a new, £165 million ($250 million) fund that will see the government buy or invest in cyber security startups to fight Islamic State fighters, hackers and hostile powers, Forbes reports. Britain will also double its public spending on fighting cybercrime to £1.9 billion a year by 2020. The extra money will be spent on protecting the British public’s online assets as well as public infrastructure like hospitals and electricity grids, Chancellor George Osborne said in a speech at GCHQ, Britain’s main intelligence service focused on cyber crime. “The threats to our country in cyber space come from a range of places – from individual hackers, criminal gangs, terrorist groups and hostile powers,” he added. The new program is similar in its intent to DARPA, the American Department of Defence agency that provides funding to startups who are creating cutting-edge technology, whose intellectual property can then be shared with the U.S. government. Among the projects DARPA is funding are jetpacks that can help soldiers run as fast as Olympic athletes and implants known as ‘neuroprosthetics’ that can treat memory loss. British startups with a focus on cyber security and analytics software will see the new public funding as great news for their fundraising prospects, at a time where Silicon Valley’s leading venture capitalists have warned that the days of privately funding startups at ultra-high valuations are coming to an end and private funding may be harder to come by. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Meeting with U.S., EU not against third parties, says Armenia The meeting scheduled for April 5 is dedicated to strengthening of the Armenia-EU-US cooperation, Yerevan added. |