Government, industry leaders share cybersecurity funding priorities

November 15, 2012

Robert Westervelt

BOSTON -- Industry leaders from the public and private sectors found common ground on the issue of information security, calling on researchers to investigate new ways to ensure system resiliency in the event of a serious cyberattack.

Organizations need to move from a static, perimeter-based approach to a more analytical-based defense strategy, according to experts at the second annual Advanced Cyber Security Center Conference. The day long program highlighted ways the government can work with the private sector by funding early university projects that solve information security problems. During a panel discussion, representatives from the government and the financial industry identified funding priorities for further research and development activities.

Executives at the event spoke positively about information sharing initiatives and increased collaboration at all levels fostering innovative security research. But the event was shadowed by news Thursday that the Cybersecurity Act of 2012 failed to gain passage in the Senate, increasing the likelihood that the White House will implement portions of the cybersecurity legislation through an executive order.

Military systems are designed to be adaptable and flexible because in wartime situations, systems need to function even when damaged, said Steven King, deputy director for cybersecurity in the Information Systems and cybersecurity directorate of the Department of Defense.