Cybersecurity Spending Continues in State Government
June 25, 2020 Leave a comment
By Rachel Eckert, SLED Manager
By now, most of us are aware of the budgetary restrictions many states will be under due to reduced revenue collections. Arkansas will experience cuts of about $250 million in the next fiscal year. Utah could see budget cuts up to 10%, while Vermont may see budget cuts of up to 25%. This will most likely restrict the number of new projects, but one area many state CIOs expressed continued support for is cybersecurity.
During recent round table discussions hosted by NASCIO, budgets and budget cuts were top of mind for CIOs as they shared top priorities for the coming fiscal year. Many stated that they were continuing with their initiatives as best they could, balancing funding with requirements. Initiatives include projects like service digitization, automation, customer relationship management, and in many cases, improving cybersecurity frameworks.
Some states are planning to leverage funding they receive through the CARES Act for technology, while others are trying to find alternative ways to finance new and ongoing initiatives alike. Despite budget cuts, there is one area continuing to receive CIO attention — cybersecurity. Here’s a snapshot of what’s happening across the country: Read more of this post