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M&A Activity

2010 Budget Likely to Increase Funding to Cybersecurity

President Obama’s fiscal 2010 budget is set to significantly increase the funding allocated to cybersecurity. In the budget request released on May 7, the Department of Homeland Security asked for $918 million to support the Office of Infrastructure Protection, $400 million of which will be spent on expanding the national …

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Debate Over Cybersecurity Czar Rages

According to the Washington Post (“Obama Aides Debate Role of Proposed Cyber Czar, ” May 13, 2009), there is a debate taking place within the Obama administration over the President’s proposed cybersecurity czar. Military, intelligence, and security officials are arguing that the new advisor should be established under the National …

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QinetiQ Bolsters Cyber Offerings with Cyveillance Acquisition

QinetiQ announced on Wednesday that it will expand into the multibillion-dollar cyber security marketplace with the acquisition of Arlington-based Cyveillance, a provider of online monitoring services designed to help companies guard against Internet threats.  Duane Andrews, QinetiQ North America CEO said, “We believe Cyveillance is well positioned to benefit from …

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General Keith Alexander, NSA Chief, proposed to head new Pentagon Cyber Command

  Defense Secretary Robert Gates plans to nominate National Security Agency Director, Keith Alexander to lead the new Pentagon Cyber Command as reported in an article by The Wall Street Journal. Amid rising concerns regarding attacks on U.S. networks,  the question becomes, who will most effectively lead the way to …

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National Interest Security Company (NISC) names General Michael V. Hayden to board

National Interest Security Company (NISC) has announced the addition of former Director of the Central Intelligence Agency, General Michael Hayden to its Board of Directors. In addition to the CIA, General Hayden has wide range of experience in the intelligence community including, Principal Deputy Director of National Intelligence, Director, National …

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Pentagon Strategic Command Stands up Cyber Command

 As the White House makes progress and movement toward establishing a Cyber Security Czar to protect the aggregate networks of the Federal government, the Wall St. Journal reported that a new Cyber Command to protect the Petnagon will be stood up in the coming weeks. This new Cyber Command will be …

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