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Robert Farley
By Robert Farley January 13, 2010
Back to Prevent corporate cyber-espionage

Money in budget to combat corporate cyber-espionage

On Dec. 16, 2009, President Barack Obama signed the 2010 Consolidated Appropriations Act, which includes $10 million to the Commerce Department's Bureau of Industry and Security for a cyber espionage and system modernization initiative.

In addition, the FBI will get $140 million to fund the Comprehensive National Cybersecurity Initiative.

According to a Dec. 8, 2009, House Appropriations Committee conference report accompanying the consolidated spending bill, "Cyber-based attacks and intrusions upon U.S. computer networks, many of which may be conducted by foreign state sponsors, result in substantial loss of critical intelligence by U.S. government, academia, military, industry, financial and other domains. The conferees recognize the FBI's efforts to address these threats and have included the full request of $140,311,000 to fund those efforts. This total includes an additional 260 positions and $61,180,000 to further the FBI's investigatory, intelligence gathering and technological capabilities."

Among other things, the FBI has been directed to submit a report to the committee on "plans for outreach to both public and private sector institutions to prevent and deter future attacks."

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