London to get new funding to improve cyber-resilience

The Mayor's Office for Policing and Crime (MOPAC) is to receive a share of US$ 100 million (£64 million) from the Rockefeller Foundation to improve its resilience against cyber-crime and other digital threats.

Announced today in Singapore by the Rockefeller Foundation, London became one of 35 new cities to join the already 60-strong network of global cities united in the fight against cyber-crime. There were some 330 global contenders for the additional funding. Winning cities also receive a package of support and resilience-building expertise from private and public sector organisations.

This support will include the appointment of a senior City Hall officer to lead the delivery of the programme, which will run alongside existing resilience plans and initiatives at various government agencies – including the Cabinet Office and the Metropolitan Police.

The Mayor of London, Boris Johnson, said in a statement: “London is the world's commerce and technology hub and winning membership of this global network will enable us to bolster the city's plans to stay one step ahead of today's threats, including from cyber-crime. 

"We already have tried and tested emergency response plans for London's physical infrastructure, but we can and must do more on prevention, and this Rockefeller developed initiative will deliver significant financial support and access to world-leading expertise. 

"One key challenge we face is cyber-criminality and so along with other resilience issues, London will develop a comprehensive prevention strategy that involves all of our partners, and enables businesses and Londoners to play their part too."

In other news, the City of London Police has formed a new media partnership to help its intelligence team reach retailers with quick time fraud alerts.

The force's National Fraud Intelligence Bureau (NFIB) is now using Loss Prevention Magazine EU's free smartphone app to warn businesses about threats they face from economic crime and cyber-enabled and cyber-dependent fraud attacks.