Cybersecurity could be a bright spot in otherwise flat IT budgets

[InfoSec News <alerts () infosecnews org>]

http://www.nextgov.com/nextgov/ng_20111018_4438.php

By Aliya Sternstein
NextGov
10/18/2011

Cybersecurity spending is expected to accelerate during the next five 
years at the Defense Department and civilian agencies, despite overall 
flat information technology budgets, according to a new industry 
forecast.

The increasing severity of computer network breaches likely will 
influence funding levels, with Defensewide cyber spending starting at 
more than $8 billion in fiscal 2012 and reaching more than $13 billion 
by fiscal 2016 if the country suffers a cyberattack resembling what 
Defense Secretary Leon Panetta often refers to as the next Pearl Harbor. 
Officials from TechAmerica Foundation, a nonprofit research affiliate of 
the industry association TechAmerica, briefed reporters on Monday about 
the predictions.

"I think a lot of this is going to be needs driven," rather than fueled 
by cyber policy reforms pending in Congress, said Dan Heinemeier, 
TechAmerica's chief administrative officer.

In fiscal 2012, the Army and Air Force each are projected to spend $1.1 
billion on cybersecurity, the Marines and Navy likely will expend a 
combined $900 million and the rest of the military services and agencies 
should disburse a total of $5.1 billion, the forecast indicated.

[...]


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