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Military to spend $10 billion on cybersecurity in 2015

China military
Military forces, government agencies and private defense contractors, the primary operators in the defense industry, are expected to spend over $10 billion on cybersecurity in 2015.

They will be spending the majority of their funds focusing on boosting defensive cybersecurity capabilities. They will be allocating a portion to cyber offensive investments in custom designed malware, military cyber command units, covert surveillance programs and the acquisition of zero-day vulnerabilities and exploits, among other measures, said ABI Research.

Players in this space include companies such as CrowdStrike, CSID, Juniper Networks, Tripwire, EiQ Networks, Hacking Team, Verint, Cobham, Defense Group, FinFisher, Synack, ReVuln, Core Security, CyActive, Endgame, Vupen, COSEINC, Zerodium, Netragard, Ability, Keen Team, Leo Impact Security, Gamma Group, Exodus Intelligence, Vulnerabilities Brokerage International, DSquare Security and Mitnick Security, among others.

The active disruption of information and operational technologies and the engagement in protracted political and economic cyberespionage campaigns by governments is indisputable.

“Cyber offensive operations, leveraging malware campaigns, are the driving force behind advanced persistent threats,” said Michela Menting, digital security research director at ABI Research.

editor@infotechlead.com

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