UK Foreign Secretary William Hague has said the UK government will spend £2 million on the establishment of a cyber crime center. The BBC reports that this new center will tackle the issue of cyber crime, utilizing a network of eight universities already involved in the research of cyber crime.
Hague made the revelation while speaking to delegates at the Budapest Conference on Cyberspace. TechWeekEurope writes the Centre for Global Cyber-Security Capacity Building will rely on governments, researchers, think tanks and the private sector and will aid the UK in its effort to become a central aspect of international cyber crime coordination.
Hague emphasized the importance of nations working together to combat cyber crime. Indeed, the UK's cyber crime center will also be in a position to offer other countries assistance in dealing with issues relating to cyber crime. EU Foreign Affairs Chief, Baroness Ashton, was also present at the conference and said that the EU will release its own cyber security strategy in the coming months.