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The Government has announced a project for the UK to become a world leader in eradicating cyber threats, to coincide with Data Privacy Day 2019.

The project challenges businesses to compete for millions of pounds in funding to design security systems and hardware that will increase businesses resilience to such attacks.  Businesses will be asked to put forward business cases to the Industrial Strategy Challenge Fund, which feed into the Government’s wider investment strategy, in areas such as artificial intelligence (AI).

The projects will be given the go-ahead if approved and if the funding is matched from the tech industry, the Government said.