German Cabinet Approves New Cybersecurity Agency

German Cabinet Approves New Cybersecurity Agency

COLOGNE, Germany – Germany is one step closer to getting its own version of a Defense Advanced Research Projects Agency, as officials here seek to bolster the country's cybersecurity posture.

The Cabinet of Chancellor Angela Merkel this week approved the new organization, to be headed jointly by the Defense and Interior ministries. The outfit is slated to get a budget of €200 million ($230 million) between 2019 and 2022. The new “Agency for Innovation in Cybersecurity” will eventually have 100 employees.

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