02:07 PM
The Analytics Job and Salary Outlook for 2016
Jan 28, 2016
With data science and big data top-of-mind for all types of organizations, hiring analytics profes ...Read More>>

Feds Will Cool Growth Pace For I.T. Security Spending Security Returns To Earth

The federal government will continue increasing its spending on IT security, but not at the astounding rate of the two years following Sept. 11, 2001, predicts a report by Input, an analysis firm that serves companies doing business with the government.

Going Up chartSpending on information security products and services will increase at a 7% compound annual growth rate, up from $4.3 billion in 2003 to almost $6 billion in 2008, Input predicts. That's a dramatic drop from the 200% increases in federal IT security spending during 2001 and 2002, indicating that budget increases are returning to a more normal level.

Federal agencies still face plenty of challenges in implementing infrastructure protection and security plans, Input says. Many agencies still come up short in terms of risk assessment, security planning, and certification when audited by Congress and the Office of Management and Budget.

The Department of Homeland Security isn't writing all the checks for information-security products. The report says that while the department is serving as a coordination point for governmentwide security initiatives, responsibility for securing specific systems still lies in the agencies themselves.

Comment  | 
Print  | 
More Insights
Register for InformationWeek Newsletters
White Papers
Current Issue
How to Knock Down Barriers to Effective Risk Management
Risk management today is a hodgepodge of systems, siloed approaches, and poor data collection practices. That isn't how it should be.
Twitter Feed
InformationWeek Radio
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.