The cybersecurity boom


Analysts have noted a growing boom in cybersecurity work, the Washington Post reports. From small, recently-established firms all the way up to the well-known defense contracting giants, local companies are building up their cyber credentials. There’s plenty of reason for the surge. The increasing number and intensity of cyberattacks has attracted the attention of the Obama administration and Congress, which have begun steering new dollars to the problem. And much of that new spending is focused on the Washington region, as the federal government consolidates many of its cybersecurity-focused agencies in the area. With the National Security Agency, the soon-to-be-relocated Defense Information Systems Agency and the newly-founded U.S. Cyber Command at Fort Meade; the Department of Homeland Security set to move to Anacostia; and the Pentagon just across the river, a region known for information technology is fast becoming a cybersecurity capital. “There’s this gravitational pull in Washington,” said Philip Eliot, a principal at the D.C. private equity firm Paladin Capital Group…

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