Federal agencies are not spending as much as private businesses on security
Federal agencies have budgeted $6.5 billion for security in 2012, much less
on a percentage basis than other businesses and industries.
alt="Security Manual - Sarbanes-Oxley" vspace=3 align=right
src="http://www.it-toolkits.com/images/Security.gif" width=85
longDesc="Security Manual Template - Sarbanes-Oxley" height=110>The federal
government lags behind most industries when it comes to how much of its IT
budgets are spent on security, pointing to a need for agencies to rethink their
investments as they adopt new technologies.
Many agencies report they don’t feel they have enough money to spend on
security and, in general, security investments by the federal government are
less than that spent by other business sectors.
In total, federal agencies have budgeted $6.5 billion for all security
investments in fiscal 2012. However, the entire IT budget for the feds for that
year is expected to top $81.3 billion.
Not surprisingly, the Department of Defense spends more than any other agency
on security, according to the report. Its budget in 2012 for security for both
legacy systems and development, modernization, and enhancement, in 2012 is $4.1
billion, according to the report, which does not provide data on total IT
budgets for agencies. The Department of Homeland Security also is one of the
leading security investors among agencies, having budgeted $525.7 million for
security in 2012.
Leave a Reply