Minister of Innovation, Science and Industry,
The Intelligence and Cyber Centre is to be funded by a
The centre's goal is to ensure any internet-enabled device, ranging from phones and tablets to computers and vehicles, can be used without fear that personal or financial information could be stolen.
In addition to providing leadership in cybersecurity, the new centre will also support 380 jobs and enable creation of 100 new co-op positions.
By 2025, experts estimate there will be 75 billion connected devices around the world and Bains says users want their data and privacy protected.
"(The centre) will make
"(They) will help meet the growing demand for technology solutions to reduce the cost of cyberattacks, enable today's connected devices to become tomorrow's secure payment devices, and address the growing vulnerabilities associated with the Internet of Things," says Krstic.
This report by
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