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A Cyber Federal Deposit Insurance Corporation Achieving Enhanced National Security

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Journal Article - Open Access

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Risk Cooperative Washington United States

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Of the emerging man-made risks affecting U.S. national security, cyber threats have enjoyed the most attention and resources from national security leaders and policymakers. And yet, cyber threats remain one of the most complex risks to address given their amorphous, highly fluid, and extra-territorial nature. This makes it difficult if not impossible to quantify the national state of readiness and, in these fiscally constrained times, the return on investment from the billions spent each year on cybersecurity. Five gaps conspire to make achieving a state of enhanced cyber resilience complex if not impossible. These include a yawning talent gap to the tune of millions of people a technological gap predicated on managing a risk that evolves according to Moores law a financial and economic gap leaving trillions in value at risk with no generally accepted way to measure this value an alignment gap in terms of policy harmonization and cooperation inside the United States and around the world and, finally, a gap in patience and the speed of markets. This article delves into the evolving cyber threat landscape and outlines ways of understanding and bridging these critical gaps.

Subject Categories:

  • Computer Systems Management and Standards
  • Economics and Cost Analysis

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