Obama Calls for More Cybersecurity Funding Amid Rising Attacks

The Obama administration plans to boost U.S. spending on computer network security, including a 21 percent increase at the Pentagon, after reports of rising cyber attacks and electronic theft of secrets linked to China.

President Barack Obama yesterday proposed a $3.8 trillion budget for the fiscal year beginning Oct. 1. The document, an opening bid in negotiations with Congress, recommends more than $13 billion for cybersecurity, U.S. Chief Information Officer Steven VanRoekel told reporters on a conference call.