Obama seeks $14 billion to boost U.S. cybersecurity defenses

By Andrea Shalal and Alina Selyukh WASHINGTON (Reuters) - President Barack Obama's budget proposal for the 2016 fiscal year seeks $14 billion (9 billion pounds) for cybersecurity efforts across the U.S. government to better protect federal and private networks from hacking threats. Federal cybersecurity funding has steadily increased in recent years, reflecting the intensity of threats U.S. companies and government agencies are facing from cyber intruders, both domestic and foreign. The budget,