Posts

It’s Time to Act: Establish a Secretary of Cybersecurity (Contributed)

Government Technology | December 19, 2019

All levels of government, as well as the private sector, face growing dangers from cyberthreats. That’s why there needs to be a centralized approach to cyberpolicies before a crisis occurs.

Today, the United States is in a very similar place when it comes to cybersecurity: cyberthreats challenge our economy, our military, our national security and our infrastructure, and it’s time for the federal government to act definitively.

Forget Cybersecurity

Corporate Board Member| December 6, 2019

Cyber risk is a board-level issue because a breach can crush a company’s stock price, tarnish its reputation and scare off customers and partners. A study by the Ponemon Institute revealed that a company’s stock price drops an average of 5 percent immediately after a breach is exposed. The study further found that companies lose an average of $3.92 million in revenue and a significant portion of their customers after a breach.

It’s no longer a question of whether a company will experience an attack, but when. Security is about hunkering down, while resilience means being able to operate after a breach. Here’s what directors need to know.

Get to Know NTI: Ray Rothrock

Nuclear Threat Initiative – Atomic Pulse | December 2, 2019

Ray Rothrock is a member of NTI’s Board of Directors and its Science and Technology Advisory Group. He has three decades of business leadership—investing in, advising and leading many of the technology and cybersecurity companies that form the fabric of today’s networks. He is partner emeritus at Venrock, the VC arm of the Rockefeller family’s efforts, and the CEO and chairman of RedSeal, which provides critical cyber and business insights via its cyber risk modeling platform to more than 50 government agencies and hundreds of commercial enterprises.

Cyber Attacks Are Inevitable. How Do We Protect Ourselves?

Supply Chain Brain | November 1, 2019

RedSeal CEO Ray Rothrock joins Bob Bowman, managing editor of SupplyChainBrain, to discuss cybersecurity and protecting ourselves with resilience.

The SupplyChainBrain Podcast features in-depth conversations with industry practitioners, academics, consultants and other experts on every aspect of supply-chain management and international trade.

Cybersecurity: Ray Rothrock – Prepare, Protect, Respond

Public Utilities Fortnightly | November 1, 2019

RedSeal CEO Ray Rothrock was interviewed in a Cybersecurity Special Feature for Fortnightly Magazine, and discusses his security recommendations for the leaders of utilities and regulators, segmentation, NERC CIP compliance and more.

DOE Sets Sights on Accelerating AI (and other) Technology Transfer

HPC Wire | October 3, 2019

All the panelists commented on workforce issues. There was general agreement that AI is developed most effectively in multi-discipline environments.

“The cyber industry is about a $126 billion [market]. There are 3,000 products out there. A typical large corporation probably like Exelon has 50 or 60 cyber products and only five or 10 people to operate it. Well, that number, it’s a crushing situation. And while you need engineers, for sure, you also need technicians. They don’t need all need a four-year degree, they need a piece of it,” said Rothrock.

On Cybersecurity: Two Scoops of Perspective

New York Times | September 29, 2019

Ben Cohen, the co-founder of Ben & Jerry’s Ice Cream, calls spending huge amounts on the effort “a tragic waste.” Another urges creation of a cabinet-level agency to deal with threats.

To the Editor:

Glenn S. Gerstell’s article identifies the magnitude of the digital juggernaut and brilliantly lays out the difficulty of the challenge. It is this very complexity that underscores the need for a cabinet-level agency dedicated to cybersecurity to ensure coordination and resilience in the face of threats.

The Department of Homeland Security was created after the 9/11 tragedy, coordinating 180,000 employees working in the country’s intelligence, defense and law enforcement agencies. Similarly, in the 1970s, as Americans dealt with an energy crisis, President Jimmy Carter created the Energy Department to consolidate American energy policy and ensure a consistent supply of energy and protect the country from threats to our economy and readiness.

If desperate times call for desperate measures, then surely risky and rapidly changing times call for measures that are resolute. The United States must prioritize cybersecurity, just as we do homeland security and energy. Let’s not wait until the revolution is lost.

Ray Rothrock
San Jose, Calif.
The writer is chief executive of RedSeal, a cybersecurity company, and the author of “Digital Resilience: Is Your Company Ready for the Next Cyber Threat?”

Industry Experts Provide Tips For Successful Cyber Diligence in M&A

Security Boulevard | September 26, 2019

Mergers and acquisitions can be successful growth strategies for many companies. They bring together customers, IP, and assets — but they also bring together liabilities and risk as well. Among these are cybersecurity risks. “Cyber diligence” — cybersecurity evaluations performed as part of the M&A decision-making processes — has grown in importance in recent years.  What are a company’s vulnerabilities? What cybersecurity issues or incidents have they had in the past, and how have they dealt with them? What defenses do they have in place to protect themselves? Are all important questions to ask in an M&A deal. But even if you’re not involved with a merger or acquisition, the same analysis can yield important and surprising results.

RedSeal CEO Named to SC Magazine 2019 Reboot Leadership Award Winners

SC Magazine | September 23, 2019

RedSeal CEO Ray Rothrock has been named to the class of 2019 Reboot Leadership Award winners by SC Magazine.

Reboot Leadership Awards 2019 honors executive and professional leaders in our space for their unique, inventive and inspiring contributions that improve security, shape the industry, provide thought leadership, and otherwise have a positive impact on cybersecurity.

Are You Ready for a Digital Doomsday?

Kotecki On Tech | September 16, 2019

“How do you recover from an attack and not go down?”

His answer: apply a resilience mindset from the physical world to deal with digital danger.