Uncategorized

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 […]

Cryptonite makes devices invisible to attackers. (Photo by Flickr user West Point - The U.S. Military Academy, used under a Creative Commons license)

“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.
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Donate to the Journalism Fund

Your support powers our independent journalism. Unlike most business-media outlets, we don’t have a paywall. Instead, we count on your personal and organizational contributions.

Trending

These 10 regions could be most impacted by federal return-to-office mandates

From Belgaum to Baltimore and beyond, this founder leaned on family to build a biotech juggernaut 

Eagles and Chiefs have already made Philadelphia and Kansas City economic winners

‘A force of nature’: Friends and colleagues remember Tenable CEO Amit Yoran

Technically Media