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Government allocates £63m to fight cybercrime

Spend is part of UK's £650m cyber security fund

The UK government is planning to spend £63m over the next four years beefing up its resources to fight cybercrime.

The spend was revealed by home secretary Theresa May at an informal meeting in Krakow, Poland, with the interior ministers of France, Germany, Italy, Poland and Spain.

Theresa May was outlining the UK’s approach to tackling cybercrime. She also revealed that the government would be publishing its cyber security strategy in spring 2011.

The £63m will be taken from the £650m cyber security fund, May said, which was announced last year as part of the government’s National Security Strategy.

A Home Office spokesperson would not confirm the spend, but said: ‘More details of the funding allocation will be made public in due course.

‘The government is determined to build an effective law enforcement response to the cybercrime threat, building upon the existing expertise within the Serious Organised Crime Agency (SOCA) and the Metropolitan Police Central e-Crime Unit.’

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