By Kelly Jackson Higgins
Oct 22, 2009
The U.S. federal government's IT security spending will jump from $7.9
million to $11.7 billion in 2014 thanks to tightening federal security
regulations, a 300 percent jump in attacks on feds' networks and systems
during the past five years, and the Obama administration's emphasis on
security, according to new data from research firm Input.
"We see this as a bright spot in federal spending," says John Slye,
principal analyst at Input, which expects a compound annual growth rate
of 8.1 percent for security from 2009 to 2014. "[Security] seems fairly
immune to some of the economic pressures we're seeing...factors like the
huge risk of exposure to the government and that security has taken
front and center in the Obama administration" are some of the reasons
for this spending, he says.
Input says the top 10 executive branch departments -- the Office of the
Secretary of Defense, U.S. Air Force, Homeland Security, Army, Navy,
Department of Energy, Health and Human Services, Justice Department,
Treasury Department, and Commerce Department -- account for 65 percent
of all federal IT spending.
Not surprisingly, intelligence agencies and the Defense Department lead
overall federal IT spending growth, with an annual growth rate for
spending of 8.4 percent and 8.2 percent, respectively, followed by
civilian agencies at 7.9 percent. Intelligence spending will jump from
$1.9 billion this year to $2.8 billion in 2014; Defense, from $3.8
billion to $5.6 billion; and civilian, from $2.3 billion to $3.4
Security services represents the biggest chunk of the federal security
spending budget, with $4.4 billion today versus $2.7 billion for
software, and less than $1 billion for equipment. According to Input,
the services sector will hit $6.6 billion in 2014; software, $3.9
billion; and equipment, $1.2 billion.
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