President Obama plans to increase the US's cyber security budget to $4.7bn to help combat the growing threat facing it from internet-related attacks.
The request, which would see cyber security spending rise by $1.3bn from $3.9bn to $4.7bn, comes as a part of the US Department of Defense's proposed $526bn 2014 defence budget.
Defence secretary Chuck Hagel said that the increase was essential to help the country protect itself from cyber threats stemming from hostile state actors.
"This budget made important investments in the president's new strategic guidance - including rebalancing to the Asia-Pacific region and increasing funding for critical capabilities such as cyber, special operations, and global mobility," he said.
The proposed budget would see the additional money used to boost its defences and its cyber war capabilities, the Department of Defence said.
"The department depends on reliable and secure access to cyberspace and space for nearly every aspect of its operations, from basic business functions to the conduct of warfare," it said.
"The DoD will continue to work with domestic and international allies and partners and invest in advanced capabilities to defend its networks, operational capabilities, and resiliency in cyberspace and space."
"Key enhancements include: expanded capabilities and capacities for DoD network monitoring and protection; growing the cyber workforce; and a range of measures to improve resiliency of space-based capabilities."
Hagel's reference to the Asia Pacific region refers to the country's ongoing tit-for-tat argument with China over who hacked whom. The Chinese government has consistently been suspected of mounting attacks on US networks.
These accusations gained fresh significance earlier this year when security firm Mandiant claimed to have linked a number of cyber espionage campaigns to a Chinese military unit.
China has consistently denied all the accusations, maintaining cyber security is a global issue.
The planned funding boost comes as various US defence areas look for increased budgets by touting their cyber capabilities. On Wednesday the US Air Force touted its ownership of six 'cyber weapons' in an overt move to garner more government money.
The spending strategy dwarfs that of the UK, which has similarly listed cyber security as a priority.
The UK announced its new Cyber Strategy in 2011, pledging to invest £650m to help businesses combat the increased cyber threat they face.
The initiative has seen the creation of several new initiatives designed to bolster the nation's cyber defences. Most recently it has seen the creation of a Cyber Security Information Sharing Partnership (CISP) and Global Centre for Cyber Security.
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