Skip to comments.Leaders to discuss cybersecurity threats
Posted on 05/05/2010 5:47:35 PM PDT by myknowledge
Government officials and business leaders from around the world will discuss the growing threat to cybersecurity, at a three-day meeting in Texas.
The Worldwide Cybersecurity Summit, hosted by the EastWest Institute (EWI), opens in Dallas on Monday and will feature discussions on ways to protect the world's digital infrastructure from electronic threats.
The summit is being held following sophisticated cyberattacks on Google which the internet giant said originated in China.
US President Barack Obama's National Security Adviser James Jones and White House cybersecurity co-ordinator Howard Schmidt are expected to address the summit.
The EWI, a non-partisan think tank, is bringing together 400 government officials, business leaders and cybersecurity experts from China, France, Germany, India, Russia, the United States and nearly three dozen other countries to "map the dangers and areas of co-operation" in cyberspace.
"The skyrocketing severity and frequency of cyberattacks against businesses, governments and other institutions globally pose an ominous threat to the stability of the international economy and peace itself," according to the EWI.
"Nations have well established rules of the game on land, sea, air and in outer space," it said. "There is a significant lack of such rules in the fifth common domain - cyberspace."
Ahead of the meeting, the EWI and Public Strategies conducted a survey of government officials, business leaders and cybersecurity experts on their perception of the dangers in cyberspace.
Thirty-four government officials and 103 business executives or experts, many of whom plan to attend the cybersecurity summit in Dallas, responded to the April 19-26 survey, for which they were guaranteed anonymity.
When asked to rate the cybersecurity threat to governments and businesses on a scale of one to 10 with nine or ten representing a "profound threat", more than 80 per cent of both groups agreed that the threat ranked a six or higher.
Forty-eight per cent of both groups said they faced a "profound threat" while only three per cent from each category said they faced "no threat".
Only four per cent of the government officials and eight per cent of the business leaders and cybersecurity experts rated the security of government computer systems and those of businesses as "very secure".
Sixty-seven per cent of government officials said their computer grid was "not very secure" while 33 per cent of business leaders and experts said the computer systems of businesses in their country were not very secure.
"The consensus on threat levels is quite high," said EWI vice-president Andrew Nagorski.
"There's a general understanding that if there are major cyberattacks this is going to have a major economic impact."
Participants in the survey also agreed that international tensions are likely to escalate if concerns over cybersecurity are not addressed.
Sixty-seven per cent of the government officials said that if current cybersecurity policies prove ineffective, "deteriorating relations, angry recriminations and growing distrust" could result among countries such as China, India, Russia and the United States.
Fifty-one per cent of the business leaders and experts expressed the same fear.
"This survey demonstrates how much more we need to do to implement policies that keep pace with the breakneck speed of technological advances," said EWI president and chief executive John Edwin Mroz.
"We need private-public partnerships and we need international co-operation to make cyberspace safe and secure," he said.
"These results point to an urgent need to build trust, not only between countries but also between governments and businesses on a global level."
This EastWest Institute looks like a poster child for globalization.
Of course it’s a globalist institute.
It’s fascinating....lots of interesting connections.