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Anti-Cyber Terrorism Spending To Reach $6.3 Billion

Information terrorism is described by market research firm Input as "a full-time concern" among federal IT professionals.

With cyber terrorism attacks increasing, federal civilian and defense IT security spending will likely also increase from $5.1 billion in fiscal year 2006 (FY06) to $6.3 billion by FY11, according to a report released Wednesday by Input.

"Information terrorism has evolved from a part-time nuisance to a full-time concern among federal information technology and network management professionals," said Bruce Brody, Input's vice president of information, in a statement.

The market research firm, an authority on government business, noted that cyber attacks have been on the upswing as information becomes increasingly valuable, making the protection of federal networks a growing priority.

"Recently, a federal Chief Information Officer stated that his department's network registered 300 million attacks over a period of one year," said Brody. "Considering the threat level, it is not surprising that federal CIOs consider information security as one of their top priorities."

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