NEWS

White House Seeks IT Security Spending Hike

By Matthew Harwood

The Bush Administration will seek a 10 percent hike in IT security spending for the fiscal 2009 budget, reports Computerworld.

In total, the White House said this week that it will seek authorization for more than $71 billion in IT spending during fiscal 2009, which begins Oct. 1. That request represents a 3.8% increase, or $2.6 billion, over what Congress approved last year.

The budget proposal earmarks $7.3 billion for information security, a 9.8% increase over what was budgeted for the current fiscal year. If approved as is, security spending would account for 10.3% of the entire federal IT budget.

Spending on IT security has outgrown overall IT spending in the last five years, the article says, increasing 73 percent while the total IT budget rose 20 percent.

The budget request comes after Mike McConnell, director of National Intelligence, told Congress this week that terrorists and state competitors like Russia and China "have the technical capabilities to target and disrupt elements of the U.S. information infrastructure."

Comments

View Recent News (by day)

 




Beyond Print

SM Online

See all the latest links and resources that supplement the current issue of Security Management magazine.