White House Proposes $19 Billion Budget Allocation for Cybersecurity

US President Barrack Obama is seeking a 35 percent hike in cybersecurity funding in his final budget to boost the capability of the federal government to defend itself against cyberattacks. The proposed $19 billion request, which represents one of the largest increases ever sought in this area, comes as Congress and the public have witnessed an alarming series of intrusions in recent years against targets ranging from Target and Sony to the Pentagon and the Office of Personnel Management. The proposal is part of a larger package of initiatives the…

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