Agenda item

Police Committee

To consider the adoption of a Cyber Security Strategy.

Minutes:

POLICE COMMITTEE

 

(Doug Barrow, Deputy)

24 May 2018

Cyber Security Strategy

The City of London’s financial and professional services (FPS) industry was at risk of a unique cyber threat and, as a sector designated as Critical National Infrastructure, there was a need to enhance its protection from future attack.

 

The City of London Police (CoLP) and the Economic Development Office (EDO) had therefore proposed to partner to develop and deliver a cyber strategy incorporating: 

·      the ‘Cyber Griffin’ initiative, which would include expert briefing, training and scenario planning to help businesses in the Square Mile defend against cyber-attack;

·      a cyber security incident response exercise developed by the University of Bristol as well as tailored research;

·      bespoke products and advice from the Global Cyber Alliance; and   

·      stakeholder liaison, promotion, and project management by EDO to optimise implementation of the strategy.

 

This initiative also had the support of the Finance and Policy and Resources Committees and was now presented to the Court for final approval.

 

Resolved – That:-

·      approval be given to an uplift of the City of London Police budget for the amount of £870k for 2018/19, and EDO’s budget for the amount of £55k;

·      approval be given to an increase to the base budget of the City of London Police of £450k and EDO’s budget for £55k, for 2019/20 for the initial launch and piloting of Cyber Griffin (over two years), to be drawn from City’s Cash; and

·      it be noted that, pending the initial success of Cyber Griffin, a business case would be presented to seek long-term funding, to continue to deliver the strategy, beginning in 2020/21.

 

Supporting documents: