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« FBI Busts Identity Theft Botnet | Main | Cybercrime Economy »

Feds WantTo Spend $30 Billion on Security

The Bush administration is advocating spending up to $30 million dollars over the next seven years to improve the security of communications networks; the plan calls for $6 billion in the first year. As George Hulme points out in his blog, that is about $2 billion more than the entire security market today. How will that much money change things?

A lot depends on how the funds will be allocated to address various problems. If nothing else, that kind of influx of money into the market will drive innovation. Of course business will push existing tools and techniques but that may lead to sufficiently large margins to allow for more experimentation from R&D groups within those companies.

Some of the funding should go to academic R&D and to creating incentives to move away from older protocols, like SMTP, that implicitly trust users of those protocols. These will lead to long term benefits but at they'll also entail large startup and transition costs. A piece of that $30 billion would be well spent there.

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Dan Sullivan's Bio:

Dan Sullivan is a systems architect with 20 years of IT experience that includes engagements in enterprise security, application design, and systems architecture. His experience includes a broad range of industries, including financial services, manufacturing, government, retail, gas and oil production, power generation, and education. Dan’s security-related project work has ranged from requirements analysis for enterprise information security to designing and implementing security for database applications and enterprise portals. Dan has written about information security and other enterprise information management topics for Business Security Advisor, DM Review, Intelligent Enterprise, and E-Business Advisor. You can contact Dan at: dan_sullivan@realtimepublishers.net