OBAMA TO SEEK $19 BILLION FOR CYBER SECURITY IN FY17 BUDGET, A $5 BILLION INCREASE OVER FY16


President Barack Obama on 19th Feb 2016 sought a surge in funding to counter cyber security threats, as his top intelligence official warned Congress that computer attacks were among the most imminent security challenges facing the United States.

In his fiscal 2017 budget proposal, Obama asked for $19 billion for cyber security across the U.S. government, an increase of $5 billion over this year

Cyber threats are “among the most urgent dangers to America’s economic and national security,” Obama said in a Wall Street Journal

The request for a cash infusion is the latest signal that the White House intends to make cyber security a priority in the last year of Obama’s presidency.

It follows a series of high-profile hacks against the government and companies like Sony Pictures and Target that were largely met with legislative inaction and administrative uncertainty on how best to address evolving cyber threats.

Those difficulties played out publicly last year when the Office of Personnel Management announced it had fallen victim to a hack that lifted sensitive information on roughly 22 million individuals from its databases.

The White House issued an executive order setting up a presidential commission on cyber security, which would make recommendations for strengthening defenses over the next decade. A new position of federal chief information security officer also would be established.

A government watchdog report last month concluded the government’s cyber defense system, known as Einstein, is ineffective at combating hackers.

Obama also signed another executive order creating a permanent Federal Privacy Council, which aims to connect privacy officials across the government to develop comprehensive guidelines for how personal data is collected and stored.

The president’s budget proposal also called for $62 million to expand efforts to attract and retain qualified cyber professionals working for the government.

Reference
http://www.reuters.com/article/us-obama-budget-cyber-idUSKCN0VI0R1http://thehill.com/blogs/congress-blog/technology/269882-a-look-at-obamas-cybersecurity-budget-proposalhttps://www.whitehouse.gov/omb/budgethttps://www.opm.gov/news/releases/2016/02/president%E2%80%99s-2017-budget-includes-significant-investments-to-enhance-opm%E2%80%99s-cybersecurity-and-customer-service/