£1.9 billion to be spent on cyber security as threats increase

29972713206_4ebc7778c8_b

The abundant threats to cyber security recently has led to Chancellor, Philip Hammond, announcing a £1.9 billion investment into cyber security.

In his recent speech Mr Hammond outlined threats which have spurred the government on to make such a decision.

He mentioned that hostile “foreign actors” were producing methods that threaten the country’s electrical grid and airports.

Mr Hammond described the five-year National Cyber Security Strategy in London, stating:

“If we do not have the ability to respond in cyberspace to an attack which takes down our power network – leaving us in darkness or hits our air traffic control system grounding our planes – we would be left with the impossible choice of turning the other cheek, ignoring the devastating consequences, or resorting to a military response,”

He continued: “That is a choice we do not want to face and a choice we do not want to leave as a legacy to our successors.”

The Chancellor’s speech was made after recent warnings from MI5 concerning Russia imposing a large threat to the nation’s internet security.

The defences in which Mr Hammond has suggested include: working with police to tackle organised cyber-crime gangs and setting money aside for education in cyber security.

However, it has been recognised that encouraging people, especially youngsters, to study cyber-security is proving difficult.

Speaking to the BBC, computer security expert from the University of Surrey, Prof Alan Woodward said: “I would really like to see money put into reaching young people early enough to influence the subjects they decide upon at school and pairing an image for them of just how interesting and rewarding a career in cyber-security can be.”

Computer education

Computer education

There are, of course, schemes and courses in place at educational institutions, including

Bournemouth University, who have their very own Cyber Security Unit.

The multi-million pound unit, based within the Faculty of Science and Technology department, is part funded by the Higher Education and Innovation Fund and places Bournemouth at the forefront of cyber security through the coming-together of research, enterprise engagement and education.

Courses that are incorporated within the unit include: MSc Cyber Security and Human Factors, BSc (Hons) Cyber Security Management and BSc (Hons) Forensic Computing and Security.

The importance of education within this area, for today’s cyber-saturated world, is more crucial than ever and is an industry which is only growing in demand.