President Barack Obama’s budget proposal for the 2017 fiscal year seeks $19 billion for cyber security across the U.S. government, a surge of $5 billion over this year, according to senior administration officials. The request comes as the Obama administration has struggled to address the growing risk posed by criminals and nation states in the digital world. The initiative, to be released later on Tuesday, is more than a one-third increase from the $14 billion sought last year and will include $3.1 billion for technology modernization at various federal agencies.
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ORIGINAL SOURCE: Reuters UK