US House passes cybersecurity R&D bill

Source Computerworld

The U.S. House of Representatives has passed a bill that would authorize hundreds of millions of dollars in spending on cybersecurity research and education. The Cybersecurity Enhancement Act would give $395 million to the U.S. National Science Foundation to fund several cybersecurity research projects between this year and 2014. The NSF would also get $108.7 million over five years for a cybersecurity scholarship program, in which recipients would be required to serve as a cybersecurity professional in the U.S. government after graduating from college. Bachelor's and master's degree students could get up to two years of scholarship money, and doctoral students could get three years, but students would have to serve in the federal government for the same number of years they received scholarships.