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[ISN] Federal Cybersecurity Spending To Hit $13.3B By 2015

From: InfoSec News (alertsinfosecnews.org)
Date: Thu Dec 02 2010 - 00:29:28 CST


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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