Unclassified Federal Cyber Security Spending Drops 29% to $10.3 Billion in Fiscal Year 2013

The Soter Group, LLC released a report that analyzes the past six fiscal years of unclassified cyber security spending across the entire Federal government. Reported spending in fiscal year 2013 totaled $10.3 billion – down approximately $4.3 billion, or 29%, from the previous year.

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Arlington, VA (PRWEB) June 18, 2014

The Soter Group, LLC released a report that analyzes the past six fiscal years of unclassified cyber security spending across the entire Federal government. Reported spending in fiscal year 2013 totaled $10.3 billion – down approximately $4.3 billion, or 29%, from the previous year. Department of Defense (DoD) cyber security spending was reported at just $7.1 billion – representing a $5.0 billion, or 41%, decrease from fiscal year 2012. Part of this decrease was offset by an increase in cyber security spending by the Federal Civilian departments and agencies.

Access the full report, Unclassified 2013 Federal Cyber Security Spending, here: http://www.scribd.com/doc/229937571/Unclassified-Fiscal-Year-2013-Federal-Cyber-Security-Spending.

About The Soter Group
The Soter Group provides services to both the Federal government and the commercial entities that support it. Our Commercial Services Division provides market research and strategic advisory services to commercial clients seeking to enter or grow in the Federal government security market. Justin Taft, President & CEO, and Peter Wong, Director of Market Research, authored these perspectives. To learn more, please visit http://www.TheSoterGroup.com.

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Contact

  • Justin Taft
    justin.taft@thesotergroup.com
    703.224.4407
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