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Cybersecurity Public Private Partnerships: Challenges and Opportunities
The allegations that Russia hacked the Democratic National Committee (DNC) is the latest evidence that cybersecurity has and will continue to have an overarching impact on our daily lives. Further complicating the cyber threat is that it is evolving so quickly that it outstrips the ability of our private or government sectors to adequately address the threat and its consequences. The severity of the cyber threat has resulted in the private sector and the United States government partnering to identify and respond to threats that can impact entire industries, especially financial services and the electrical grid, two essential parts of our country's critical infrastructure. This article examines: 1) the challenges that inhibit partnering between the private and public sectors; 2) how such partnership is addressed in the Cybersecurity Information Sharing Act (CISA) of 2015; and 3) what this all means going forward.
Cybersecurity impacts individual privacy, commerce among businesses, and our national security. Critical infrastructure such as financial services are owned, operated and protected by the private sector, which is mainly concerned with competing in their industry and making a profit. See, Eric A. Kaijankoski, Cybersecurity Information Sharing Between Public-Private Sector Agencies, Naval Post Graduate School Theses and Dissertation, March, 2015, page 35. Moreover, the financial services industry facilitates commerce globally. Meanwhile, the government is concerned that a hack could render our entire financial services industry inoperable for just a few days and place our national security in extreme peril.
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