Govt Announces £10m Boost For Cyber Security

By 22nd June 2020Blog

The UK government has shown its commitment to protecting the country from serious cyber attacks by investing £10 million to develop solutions to improve the security of digital services.

Earlier this month, the Department for Digital, Culture, Media & Sport revealed the money will be given to nine winners of the Digital Security by Design grant competition, spread over four years.

This funding will go towards developing cyber security technologies so UK organisations can become more resilient to future online attacks.

Digital secretary Oliver Downden said: “With government support these projects will build cutting-edge, secure technologies that will give people and businesses further confidence in our digital services and help weaken the threat of cyber attackers.”

Among the winners are the University of Southampton’s HD-Sec Solution, the University of Glasgow-led AppControl, and the University of Birmingham’s CAP-TEE.

Science minister Amanda Solloway went on to say the UK “is a world leader in digital security and we are committed to ensuring our country remains one of the safest places to do business online”.

According to the Cyber Security Breaches Survey 2020, 46 per cent of businesses and 26 per cent of charities have experienced cyber security breaches within the last 12 months, with the average cost of each attack estimated to be £5,220.

Companies should not neglect their cyber security strategies while their employees are working from home, as Byte Start reminds businesses this could increase the risk of a breach as personal internet networks are easier to hack into.

To access IT support in Doncaster for help with your cyber protection, give us a call today.

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