Key Highlights From the FY19 Cybersecurity Budget

Lloyd McCoy Jr.

By Lloyd McCoy, Market Intelligence Manager

The newly minted FY19 budget stands out because the federal government passed it on time and for the first time in nine years, government agencies begin the new year equipped to fund new and ongoing IT investments. In what is welcome, albeit not surprising news for security providers, cybersecurity remains the highest priority in the IT budget.

When it comes to security-specific spending, all signs point to the recently passed budget largely aligning to the initial agency wish lists.

Below are some of the key takeaways to help you map out your targeting strategy. Note that these figures don’t wholly encompass security spending as a substantial (though unknown) level of security spending isn’t formally recognized as such.

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Security Is the Key to Growing Fed Blockchain Interest

Lloyd McCoy Jr.

By Lloyd McCoy, Market Intelligence Manager

Blockchain technology is gaining interest from the federal government. This secure, decentralized and interoperable solution can reduce IT security costs – and that checks all the boxes in federal procurement.

Things are moving pretty quickly with federal blockchain adoption, which is significant given how the government can drag its feet on new technologies. Back in July 2017, the GSA held the first U.S. Federal Blockchain Forum to pose uses for the technology from 100 federal managers.

Since then, blockchain requirements have shown up in more solicitations throughout the federal procurement process.

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