The Global Cyber Innovation Summit opened yesterday and continues through today in Baltimore. One of the principal organizers, Allegis Cyber’s Bob Ackerman, explained the choice of venue. The group that put the summit together wanted to create a “Davos-like atmosphere” that would cater to the needs and interests of CISOs. They chose to hold the Summit in Baltimore because the cybersecurity community needed this kind of engagement on the American East Coast. And Baltimore, being at the center of what Ackerman called an “unparalleled pool of cyber engineering talent” that’s grown in Maryland universities with the support of massive US Federal investment, was a natural choice. That massive Federal investment, of course, has long been centered on the National Security Agency, whose Fort Meade home is in the Baltimore suburbs.
Dave DeWalt, now of Momentum Cyber, formerly CEO of both FireEye and McAfee, delivered his account of the obverse of rapid innovation: rapid expansion of vulnerabiliies. He called the convergence of trends contributing to increased risk “a perfect cyber storm” created by the speed of innovation and the swift evolution of vulnerabilities and threats such innovation brings with it.