Cyber security is a pressing concern for US government officials, business leaders and citizens, and will become more so as the online world develops. Policymakers, company executives and their information security teams are fighting back against the cyber attackers, but the onslaught continues, despite the valuable support they receive from technology solutions vendors, research institutes and consultants.
The internet of things will exacerbate the problem, with attackers able to disrupt more organisations and more people through more devices. At the same time, federal and governments are introducing new laws and regulations that require companies to do more to protect themselves, and their customers, from security breaches. While company bosses can see the need for tougher rules on data protection and personal privacy, these new rules create an additional burden. For instance, the EU/US Privacy Shield improves protection for Europe’s citizens whose data is kept on US servers, but it places strict obligations on American companies on how that data is processed and people’s privacy guaranteed.
FT Cyber Security Summit USA, now in its third year, will explore the cyber threats facing America, and what is being done to deal with them. Leading experts will talk about a range of issues, including measures to be taken by the new presidential administration, the responsibilities of corporate boards and senior management, data protection, technological innovation in cyber security, the pressures facing chief information security officers in banking and other critical infrastructure industries, national security concerns, cyber terrorism and the emerging threat posed by the Internet of Things. Speakers will grapple with the big question: Is America losing the cyber war?