Technical.ly Baltimore

Oct. 25, 2012 9:30 am

13K cybersecurity jobs in Baltimore area, federal cyber spending to top $14B by 2016

“Cybersecurity industry analysts expect the market to grow more than 50 percent in the next four years,” reports the Baltimore Sun. From the article: [C]ybersecurity spending by the Defense Department will continue to follow policies put in place years ago, and grow from $4.4 billion in 2011, to $6.7 billion in 2016, [projects John Slye, a […]

“Cybersecurity industry analysts expect the market to grow more than 50 percent in the next four years,” reports the Baltimore Sun.

From the article:

[C]ybersecurity spending by the Defense Department will continue to follow policies put in place years ago, and grow from $4.4 billion in 2011, to $6.7 billion in 2016, [projects John Slye, a federal industry research analyst with GovWin]. Cybersecurity spending in civilian agencies will grow from $2.6 billion last year to $3.8 billion in four years … And spending by intelligence agencies, which is often obscured and difficult to forecast precisely, is expected to climb from $2.3 billion last year, to $3.6 billion in 2016, [Slye] said. [more]

Some other notes:

  • According to GovWin, the Baltimore area ranks third among the top five cybersecurity job regions, with 13,393 job openings.
  • In Maryland, almost 19,500 jobs in cybersecurity are available.
  • By 2016, federal cybersecurity spending will top $14 billion, according to the Sun.
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Andrew Zaleski

Andrew Zaleski is Technically Baltimore's lead reporter. Before joining Technically Baltimore, he was digital media editor for Urbanite magazine. He graduated from Loyola University Maryland in May 2011.

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