Technically News: Cyberinsurance, AI, DHS in Silicon Valley and Cyber Defense Strategies
Can Cybersecurity Insurance Improve Threat Management?
Following the Brussels, Belgium terrorist attacks back in March, the U.S. House Homeland Security Cybersecurity Subcommittee met to discuss cyberinsurance and how to better promote cybersecurity best practices in general. Many are still questioning whether cyberinsurance will help solve the problem of threat, but the Department of Homeland Security believes it can, by acting as an incentive for better security practices within agencies. Cyberinsurance companies can give improved coverage and lower premium costs to those organizations who follow cyber best practices. On the flip side, cyberinsurance can be costly. The Morris, IL, City Council bought a $2 million cyberinsurance policy recently. That money could have gone towards simply strengthening the City Council’s existing cybersecurity methods, or training their staff to be smarter when it comes to avoiding threats. To read more about cyberinsurance, find the full story on GovTech.
From Big Data to Artificial Intelligence: The Next Digital Disruption
Data management has evolved from using paper documents to digital files, and the sheer amount of data has multiplied. Now, data management isn’t as much a concern as is data analyzation. Through artificial intelligence (AI), data collected can be utilized for faster and smarter decision making by extracting meaning from the numbers. According to James Canton, global futurist, Big Data and AI will not be seen as silos, but as converged and complimentary trends. Read James’ full article on Huffington Post.
Q&A: DHS CIO Wants ‘Constant Foraging’ for Commercial Tech
The Department of Homeland Security recently opened a small office in Silicon Valley with the purpose of better connecting their agency with private sector technology coming out of the area, as well as in Austin and Boston. The close proximity to technology startups allows DHS to give their input in the early development stages and even prototyping different types of activities. DHS’ hope is that their relationship with startups will be more of a bilateral conversation than a lecture. Read more at Nextgov.com.
Federal Agencies continue to be Lost Fighting Cyber Threats
The cyberspace offers huge benefits to the U.S. Government, allowing agencies to improve their connectivity and the way they operate business. However, with these benefits comes a greater risk of cyber threat. Many actors are trying to intercept government networks and systems wherever they can, and agencies must be well equip to fight them off. As the threats only get stronger, agencies need to implement risk management strategies that will safeguard important information and come up with contingency plans. Rather than fighting the malware, they must first improve their defensive shields. Find the full story on CSO.