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 provides info about arrested Armenian ex-MP Russian law enforcement agencies have provided information about the arrest of Tigran Urikhanyan. Lemkin Institue slams Pashinyan's “cryptic engagement with Genocide denial” The Lemkin Institute is alarmed over Pashinyan’s statements “questioning Armenia's legal basis to pursue justice against Turkey”. 41 detained as antigovernment protests continue in Yerevan 41 people were detained in Yerevan as people demanding Pashinian’s resignation stage campaigns of civil disobedience. Armenia votes for UN resolution granting Palestine new rights The U.N. General Assembly voted by a wide margin on May 10 to grant new “rights and privileges” to Palestine. |