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Smarter Cybersecurity Thinking for an Evolving Threat Landscape

Michael Daniel, President & CEO, Cyber Threat Alliance

Despite billions of dollars invested in cybersecurity, our problems in cyberspace seem to be getting worse, not better. The question is why? And is there anything we can do about it, or do we just have to resign ourselves to insecurity?

Michael Daniel, former Special Assistant to and Cybersecurity Coordinator for President Obama and now President & CEO of the Cyber Threat Alliance, will talk about how the cyber threat landscape is evolving, why cybersecurity is a hard problem, and what governments, cybersecurity companies, and end-users need to do to tackle the problem more effectively. He will also discuss ten things organizations can do to materially lower their cyber risk.

Michael Daniel leads the CTA team and oversees the organization’s operations. Prior to joining the CTA in February 2017, Michael served from June 2012 to January 2017 as Special Assistant to President Obama and Cybersecurity Coordinator on the National Security Council Staff. In this role, Michael led the development of national cybersecurity strategy and policy, and ensured that the US government effectively partnered with the private sector, non-governmental organizations, and other nations.

Managing Cyber Risks

Marie-Elisabeth Pate-Cornell, Professor, Stanford University

This seminar is jointly presented by the Singapore Cybersecurity Consortium and the Lloyd's Register Foundation Institute for the Public Understanding of Risk.

Managing cyber security in an organisation involves allocating the protection budget across a spectrum of possible options. This process requires an assessment of the benefits and costs of these options. Professor Elisabeth Pate-Cornell will describe a general model of cyber risk in a specified organisation, then share five examples (“vignettes”) based on the work of her team.

First, a probabilistic risk analysis framework, based on statistics when relevant data are available, for high-consequence attack scenarios that may not have happened yet. Second, a systems analysis of cyber risks for a smart, connected electric grid, showing that there is an optimal level of connectivity, and of use of human resources. Third, an analysis of sequential decisions and optimal timing to upgrade or change the software of an existing operating system to stay ahead of adversaries trying to find their way in. The fourth and the fifth are work in progress: one is designed to provide warnings at all stages of an attack (planning, entry, maneuver in the system, exfiltration and exploitation of stolen information), and the other is focused on the cyber aspects of fake news, and on ways to anticipate, recognise and react to the risk that they pose, in particular at the time of elections and in military situations.

Dr Marie-Elisabeth Pate-Cornell is the Burt and Deedee McMurtry Professor in the School of Engineering and Professor and Founding Chair (2000-2011) of the Department of Management Science and Engineering at Stanford University. Her specialty is engineering risk analysis with application to complex systems (space, medical, offshore oil platforms, etc). Her earlier research has focused on the optimisation of warning systems and the explicit inclusion of human and organisational factors in the analysis of systems’ failure risks. Her recent work is on the use of game theory in risk analysis with applications that have included counter-terrorism, nuclear counter-proliferation problems and cyber security. She is the author of more than one hundred publications, and the co-editor of a book on Perspectives on Complex Global Problems (2016).

The seminars will be followed by networking tea.

This event is open to public. Priority will be given to:
• Representatives from Consortium member companies
• Staff at Singapore government agencies
• Staff and full-time students at local Institutes for Higher Learnings (IHLs) and Research Institutes (RIs)
• Invited guests

For enquiries, please contact the Singapore Cybersecurity Consortium.