Manitoba

Province promises $550K for new Manitoba centre focused on cybersecurity

Between now and March 2023, the province will invest $550,000 to create the Cyber Security Technical Centre of Excellence, the Manitoba government announced Tuesday.

Cost for cybersecurity centre will be shared by province, Institute of Trades and Technology, industry

The province is investing $550,000 between December 2019 and March 2023 to support the creation of a Cyber Security Technical Centre of Excellence, Economic Development and Training Minister Ralph Eichler announced Tuesday. (Jaison Empson/CBC)

The Manitoba government says it is investing more than half a million dollars in the future of the province's cybersecurity.

Between now and March 2023, the province will spend $550,000 to help create the Cyber Security Technical Centre of Excellence, Economic Development and Training Minister Ralph Eichler said in a news release Tuesday.

"Cyberattacks are on the rise, and experts predict that cybercrime damages will cost the world more than $6 trillion annually by 2021," Eichler said in the release.

Cybersecurity, he said, "will continue to be a high-demand sector, with studies projecting 8,000 new jobs across Canada in the next two years alone."

Costs for the new centre will be shared by the provincial government, the Manitoba Institute of Trades and Technology (MITT), industry "and other potential sources," the province says, adding that it expects the project to earn "significant investment" from the private sector.

MITT will provide a data centre, which will allow industry to learn and develop through various training programs and applied research, on and off campus, the province said.

The centre will provide the opportunity for testing, simulating and finding solutions to cybersecurity challenges, the province added.

"This project exemplifies what MITT strives to do every day in collaboration with industry, government and allied stakeholders," MITT president and CEO Ray Karasevich said in a release.

"We are looking at needs, looking at opportunities and finding rapid solutions to the challenges facing our economy."

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