“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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