Here’s What $19B Will Buy the U.S. Government in Cybersecurity Measures

Answers by Ed Felten, Deputy U.S. Chief Technology Officer, on Quora.

How will $19 billion be spent on the new cybersecurty program?

The $19 billion for cybersecurity in the President’s budget represents a 35% increase over the prior year’s enacted spending. The biggest piece of the increase is a new $3.1 billion Information Technology Modernization Fund, which is a down payment on the comprehensive overhaul of Federal IT systems that must be undertaken in the coming years. It’s a revolving fund that will enable agencies to invest money up front and realize the return over time by retiring, replacing, modernizing antiquated IT infrastructure, systems, and networks that are expansive to maintain, provide poor functionality, and are difficult to secure. For the full article click here 

from cyber security caucus http://ift.tt/1KK0IvH
via IFTTT