Information Security Spending by U.S. Federal Government Will Reach $9.6 Billion by 2013

That’s what INPUT predicts. But Zalud’s Blog heard at ASIS that government and homeland security spending will be impacted by the economic crisis that was not solved in the long-run by the Bush bailout.

Information security contract spending by the U.S. federal government will grow at a 7.9% five-year compounded annual growth rate, from $6.6 billion in 2008 to $9.6 billion by 2013, according to INPUT, the authority on government business. Growth in information security spending will outpace growth in overall federal IT spending due to the government’s continued need to address fundamental information security challenges at all levels.