DEFINING CYBERSECURITY FEDERAL AGENCY CYBERSECURITY FUNDING

Transcription

1 DEFINING CYBERSECURITY FEDERAL AGENCY CYBERSECURITY FUNDING

2 The Federal Government has spent almost $32 billion on cybersecurity-related expenditures in the past 10 years. More importantly, the cyber spending boom shows no sign of slowing, as spending increased 281% from to (an average of 22% annually). This historic growth in cyber spending runs counter to the greater trend in Federal Government spending that has led to a relatively modest increase of 4.2% annually over the same time period. As the world becomes increasingly digitized, so has the Federal Government, but individual agencies are not spending on cybersecurity in similar ways. Each agency's funding over the past 10 years tells a unique story - from the consistent upswing in spending of healthcare-focused agencies like HHS or VA, corresponding with new initiatives that have led these agencies to increasingly deliver sensitive information through online digital portals such as Healthcare.gov, to the recent explosion of cyber expenditures of a newly digitally focused Social Security Administration s mission dictating cyber strategy. $31.6B $6.0 $5.0 $4.0 $3.0 $2.0 $1.0 TOTAL FEDERAL FUNDING SINCE

3 Accounting for almost half of the total federal cyber spending in the last decade, the DoD cyber budget increased 295% from to. This spending heavily favoars Northern Virginia, which is not surprising given DoD's significant leasehold in the region. $16.0B DEPARTMENT OF DEFENSE FUNDING SINCE $3.0 $2.5 $2.0 $1.5 $1.0 $0.5

4 's Comprehensive National Cybersecurity Initiative (CNCI) solidified DHS' role in protecting the homeland from cyberterrorism. CNCI represented the first coordinated initiative from the Federal Government to protect internal computer systems comprehensively rather than on an agency-by-agency basis. DHS cyber spending will continue to be focused in NoVA and DC, where the agency has established a major footprint. $3.3B DEPARTMENT OF HOMELAND SECURITY FUNDING SINCE $0.6 $0.5 $0.4 $0.3 $0.2 $0.1

5 HHS's cybersecurity spending has grown at a steady pace over the past decade as the healthcare market continues to mature. This constant growth is expected to continue for the next couple of years as the healthcare industry expands. Growth related to this spending should occur in Southern Maryland (home to most of HHS' leasehold interests) and nationally as states engage in federal healthcare. $2.4B DEPARTMENT OF HEALTH AND HUMAN SERVICES FUNDING SINCE $0.50 $0.45 $0.40 $0.35 $0.30 $0.25 $0.20 $0.15 5

6 DoE will be responsible for securing critical energy infrastructure across the country and funding levels reflect that mandate. Growth related to DoE cyber spending should be expected on a national basis given distribution of critical assets. $1.8B DEPARTMENT OF ENERGY FUNDING SINCE $0.30 $0.25 $0.20 $0.15 5

7 While may be an outlier, VA's spending on cyber security still increased over 362% between and. This consistent spending growth mirrors HHS's spending habits as both agencies respond to growth in the healthcare industry. $1.1B DEPARTMENT OF VETERANS AFFAIRS FUNDING SINCE $0.35 $0.30 $0.25 $0.20 $0.15 5

8 Despite an overall decrease in spending, DoS is one of the few agencies that has spent less on cybersecurity in recent years. Nevertheless, DoS continues to be one of the top ten biggest federal cyber spenders-even without taking into account, a year in which DoS' cyber spending levels were beat only by DHS and DoD. Most of DoS' growth will occur in the District of Columbia, Northern Virginia and abroad. $1.1B $0.35 $0.30 DEPARTMENT OF STATE FUNDING SINCE $0.25 $0.20 $0.15 5

9 Mainly driven by FBI spending, DoJ has spent almost a billion dollars on cybersecurity in the past decade. Expect this number to increase dramatically in the coming years as the FBI ramps up the National Cyber Investigative Joint Task Force (NCIJTF). Growth related to FBI (aside from an eventual HQ consolidation in the DC Metro area) should take place nationally as FBI field offices carry out cyber protection mandates. $0.8B $0.16 $0.14 DEPARTMENT OF JUSTICE FUNDING SINCE $ $

10 Commerce will be working to protect its cyber assets and shore up vulnerabilities in its system in regards to large data stores of information on the retail and banking industries. Growth related to Commerce would be concentrated mostly in the District of Columbia, but could still have an impact nationally. $0.6B DEPARTMENT OF COMMERCE FUNDING SINCE $0.14 $

11 DoT will be responsible for protecting critical infrastructure from cyberattacks as well as mobilizing the response for protection of air travel communication. Growth related to DoT would be concentrated in the District of Columbia for headquarters functions and nationally in close proximity to major infrastructure. $0.5B DEPARTMENT OF TRANSPORTATION FUNDING SINCE

12 While SSA barely cracks the top ten list of agency cyber spenders, recent changes to the agency's digital mission have triggered an explosion in cyber related spending. The agency's cyber spending increased a whopping 4,136% from to. The nature of SSA's national footprint should facilitate cyber growth related to the agency's mission across the nation. $0.5B SOCIAL SECURITY ADMINISTRATION FUNDING SINCE $0.18 $0.16 $0.14 $

13 FOR MORE CYBERSECURITY RESOURCES FOR GOVERNMENT REAL ESTATE INVESTORS, VISIT JLL.COM/CYBERSECURITY