President Barack Obama introduced a cybersecurity executive order in his state of the union address that offered a broad outline of how the government plans to deal with cyber threats.
The White House’s move towards building a stronger competency for cybersecurity comes to little surprise as rising threats against public and private sectors led by malicious hackers or cyber activists groups such as Anonymous.
The Cybersecurity Order instructs the National Institute of Standards and Technology to work with other agencies and private industry in developing a risk framework and best practices, called the Cybersecurity Framework, during the next several months. A final version of the Cybersecurity Framework is due out within a year.
Since 1980, Georgia Tech ‘s Advanced Technology Development Center (ATDC) has cultivated a community of technology entrepreneurs experienced in cybersecurity. “Atlanta has become an international hub for companies working to counter cybersecurity threats,” said Stephen Fleming, vice president at Georgia Institute of Technology, Member of Investment Committee at Seraph Group, and director at XCOR Aerospace.
Companies such as GlobalCrypto, Lancope, and Whisper Communications support the growing network of cyber security companies in Atlanta. “We are helping grow that industry by spinning off companies that will be important players,” said Fleming.
Damballa founded in 2006 by security researchers at Georgia Tech, is a company in Atlanta pioneering the fight against cyber crime. Their product detects the remote control communication that criminals use to breach networks to steal personal and intellectual information, and conduct espionage or other fraudulent transactions.
They already provide extensive cybersecurity protection to fortune 1000 companies, Internet and telecommunications service providers, government agencies and educational organizations.
With a growing technology village, Atlanta technology companies can prove beneficial in forging the fight against cyber crime.
In 120 days, the government will unveil the security strategies that will hopefully enable the global cybersecurity solutions of the future.
What You Want To Know in 120 Days:
- Will the order require threat reporting to government?
- Will users face privacy-related and antitrust liability for sharing information with government and other companies?
- How will the governments own role in physically protecting critical infrastructure networks work?
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