Breaking down the numbers in Trump’s proposed cyber budget

From: The Hill

When I first started at the Office of Management and Budget (OMB), my colleague and I were given the task of working with the budget examiners to develop an agency by agency view of cybersecurity spending to submit to Congress as part of the president’s budget submission. Agencies had, for the last few years, reported cybersecurity numbers that seemed to be disaggregated from the larger IT budget submission, and we were tasked with reconciling those submissions. This led to a three year project that has taken agencies from requesting cybersecurity dollars in reaction to events to a proactive, risk-based approach to budgeting for cybersecurity.

Brief Thoughts On The Financial Regulatory System And Cybersecurity, Federal Reserve Vice Chairman For Supervision Randal K. Quarles

From: Prepared Statement

Thank you very much for having me here at the Financial Services Roundtable’s spring meeting. I am pleased to speak with you all about our financial regulatory system: both the broad principles that have been directing my approach to evaluating the regulatory system, as well as cybersecurity, which is a topic of great import to financial system participants and their regulators.


Silicon Valley and Washington Need to Learn to Work Together for Cybersecurity, Experts Say

From: Inside Sources



“The reality is that today we are in a very real shooting war in cyberspace,” says Jamil Jaffer, Founder of the National Security Institute at George Mason University. “It may not be big bullets, it may not be big bombs or nuclear weapons, but we are in an ongoing offensive campaign brought by our enemies against us.”

This asymmetric warfare includes intellectual property theft by China, low-level ransomware attacks by Russia, and other hacking attacks by countries like North Korea and Iran. While most of these attacks have not targeted military equipment, that does not make the threat they pose any less real.

Coast Guard Needs Fresh IT, People to Keep Networks Secure

From: Nextgov

By Jack Corrigan

The service’s head of Cyber Command outlines his strategy for updating old systems and getting personnel to rethink cybersecurity.


As head of the branch’s Cyber Command, Rear Adm. Kevin Lunday is tasked with defending the IT networks, telecommunications, and command and control systems for the service’s global fleet. In a conversation with Nextgov, he outlined his plans for keeping the service safe and stressed the need for agencies to change the way they view security in the years ahead.

Cryptocurrencies, ICOs, and blockchain technology get multi-pronged attention at SEC Speaks 2018

From: Lexology

Amelia Toy Rudolph | Eversheds Sutherland (US) LLP