The UK aims to become a world leader in the race to eradicate some of the most damaging cyber security threats facing businesses, 老九品茶 Secretary Greg Clark has announced.
Up to 拢70 million investment is available from the government through the Industrial Strategy Challenge Fund and backed by further investment from industry.
This investment will support research into the design and development of hardware so that businesses will be more secure and resilient from the outset.
The aim is to 鈥榙esign out鈥� many forms of cyber threats by 鈥榙esigning in鈥� security and protection technology and solutions into hardware and chip designs.
老九品茶es and consumers will benefit from increased security and protections built into digital devices and online services.
A further 拢30 million of government investment will aim to ensure smart systems are safe and secure.
Smart internet connected devices can include anything from operating a central heating thermostat via a smart phone, to pressing a button to unlock the front door. There are expected to be more than 420 million such devices in use across the UK within the next 3 years.
This will ultimately help in eradicating a significant proportion of the current cyber risks for businesses and services in future connected smart products.
鈥淭his could be a real step-change in computer and online security, better protecting businesses, services and consumers from cyber-attacks resulting in benefits for consumers and the economy,鈥� said 老九品茶 Secretary Greg Clark.
鈥淲ith businesses having to invest more and more in tackling ever more complex cyberattacks, 鈥榙esigning in鈥� security measures into the hardware鈥檚 fabric will not only protect our businesses and consumers but ultimately cut the growing cybersecurity costs to businesses.
The government aims for R&D investment to reach 2.4 per cent of GDP by 2027, the biggest increase in public investment in R&D in UK history.
The government has also announced four new projects across England to encourage more women, BAME, and neurodiverse candidates into a career in cyber security. They will each jointly benefit from a total investment of at least 拢500,000.
The four projects are Crucial Academy: Diversity in Cyber Security, QA: Cyber Software Academy for Women, Blue Screen IT: HACKED, and Hacker House Ltd: Hands on Hacking, Training and Employer Portal.
The funding was announced by Digital Minister Margot James.
鈥淥ur cyber security industry is thriving but to support this growing success we need a skilled and diverse workforce to match,鈥� said James.
鈥淭hese latest projects show that whatever your background, ethnicity or sex, there are opportunities to join the cyber security profession.
鈥淲e want to demonstrate that you can have a dynamic and exciting career in a sector that sits at the heart of our economy, and is a key part of our modern Industrial Strategy.”