Cybersecurity has been called “one of the most serious national security threats facing the U.S.” It has been estimated that malicious cyber activity costs the U.S. economy between $57 to $109 billion dollars a year.
We have already fallen victim to cyber-attacks, one example being the hacks and leaks targeting the 2016 elections. And then last year, Russia used “backdoor” accesses to hack SolarWinds – located in Austin – and impacted approximately 250 federal agencies. Another threat is artificial intelligence driving the speed of misinformation. For instance, conspiracy theories around the pandemic.
The problem is not unique to America. Russia also uses misinformation to generate anti-refugee sentiment in the EU and undermine NATO. And just last week, we witnessed the cyber-attack on Ukraine’s infrastructure and defense systems. They are not the only players in this game. Others such as Israel, North Korea and China are also “hacking” the internet.
How and where will this issue be addressed? The current administration has introduced the Cyber Diplomacy Act. It established the Office of International Cyberspace Policy under the State Department, and invested $10 billion in IT and cybersecurity infrastructure, which is an excellent start. But is it enough given the threat, especially in relation to our total defense spending? So, what is the future of cyber technology and how should the U.S. and the international community respond?
Please join us for what will be a very lively discussion. Due to the Omicron-variant, this will be an online zoom discussion. Hopefully, in the future, we will be able to return to an in-person discussion at the Shoal Creek Saloon.
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