(Telecompaper) The European Commission has announced the launch of a new public-private partnership on cybersecurity by pledging to invest EUR 450 million under its research and innovation programme Horizon 2020. Private cybersecurity groups, represented by the European Cyber Security Organisation (ECSO), are expected to invest three times more, bringing the total to EUR 1.8 billion by 2020, said the EC in a statement. The partnership will also include members from national, regional and local public administrations, research centres and academia, with the first call for proposals set to be published in early 2017.