Friday, February 8, 2008

Security could consume 10 percent of IT budget

The Bush administration’s fiscal 2009 budget proposal asks Congress to increase spending on information technology security by $646.8 million over 2008 levels.

The administration proposed $7.2 billion in IT security funding for fiscal 2009, while $6.6 billion was allocated in fiscal 2008. In other words, agencies as a whole would spend 10.3 percent of the $70.9 billion requested for IT on security. But the percentage for particular agencies would vary based on the nature of their projects.

Read the story: FCW.com News - Security could consume 10 percent of IT budget

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