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Federal Cyber Security Spending to Grow 27 Percent by FY 2009

Published by: INPUT

Published: Mar. 1, 2005 - 7 Pages



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Abstract

Federal cyber security-related IT spending is anticipated to grow 27 percent over the next five years due to poor security assessment ratings and increased attention on homeland security. Although cyber security spending grew modestly prior to September 11, 2001, terrorist attacks changed the focus of IT spending from development and modernization to advanced infrastructure security, initially causing rapid growth in spending over the past three years. This report takes a look at market drivers causing the increased spending.

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