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Federal Cybersecurity Spending To Hit $13.3B By 2015




Federal Cybersecurity Spending To Hit $13.3B By 2015
Federal Cybersecurity Spending To Hit $13.3B By 2015



http://www.informationweek.com/news/government/security/showArticle.jhtml?articleID=228500061 

By Elizabeth Montalbano 
InformationWeek
December 1, 2010

Federal investment in cybersecurity will reach $13.3 billion by 2015, 
driven by a 445% increase in security incidents over the last four years 
and the shortage of qualified security professionals, according to a 
report released this week. 

The size of the investment represents an annual increase of 9.1% over 
the next five years, according to the Federal Information Security 
Market, 2010-2015 report by Input. The firm based the report on its own 
analytics, interviews with federal IT professionals and the government's 
own spending forecasts, it said.

Cybersecurity has been a key goal of the Obama administration, which has 
launched an agency-wide effort -- led by the Department of Homeland 
Security, Department of Defense and National Security Agency -- to 
protect federal networks, as well as U.S. critical infrastructure, from 
cyber attacks. 

[...]


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