Managing Cybersecurity Spend – Value and Outcomes

The president’s fiscal 2019 budget includes $15 billion for cybersecurity-related activities, a $583.4 million or 4.1 percent increase above the fiscal 2018 estimate.

But that number alone doesn’t tell the whole story. Due to the sensitive nature of some activities, not all cybersecurity funding is included in that figure.

To better understand how agencies are currently tracking their cybersecurity spending, GovLoop partnered with Apptio, which provides a FedRAMP-certified, cloud-based software and an on-premises offering for managing the business of IT. In the following pages, we analyze the results of a survey of more than 100 public-sector employees who are involved in finance and IT at their agencies.

They were asked about their agency’s ability to accurately track cybersecurity spending, top challenges for managing cybersecurity spending and if those dollars align with the Cybersecurity Framework developed in part by the National Institute of Standards and Technology (NIST).