UK government and industry launch £6.5m CyberInvest scheme to fund research into cyber security

The UK government, in collaboration with industry, has launched a scheme called 'CyberInvest' to fund research into cyber security. To date, 18 companies have signed up to the scheme and have committed £6.5m over the next five years. This includes BT, which is investing £500,000 into the scheme. Other companies that have made their involvement public include Northrop Grumman, Crossword Cybersecurity, Nexor and Becrypt.