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Report: IT Security Spending Set to Rise
Nextgov: A new report suggests the federal government will significantly increase spending on general IT security in the coming years and will drop even more cash for security products and services related to national security and emergency services.
The report, from research firm IDC Government Insights, predicts a 3.2 percent increase in general IT security spending across the federal sector -- from $2.3 billion in fiscal 2015 to $2.7 billion by fiscal 2020. The report predicts national security-related IT security will increase more than 9 percent over the same span -- from $3.7 billion to $5.7 billion.
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