Home News Business and Academia Must Bridge the Cybersecurity Gap – It’s a Matter of National Security – Real Clear Education

Business and Academia Must Bridge the Cybersecurity Gap – It’s a Matter of National Security – Real Clear Education

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It’s vital for today’s business community to recognize cybersecurity as not simply a national security issue but also an economic and business-survival issue. This will require vision from corporate America’s top leadership. Many firms today lack the technical resources, the talent, and sometimes the will to combat emerging cyber threats.

A long-term solution requires help from academia to develop future business leaders with broad technical acumen and the leadership and communication skills to handle a cyber crisis. Our nation’s MBA programs should incorporate cybersecurity into their core curriculums.

Consider how the scale to which this problem has grown. In the past month, federal prosecutors indicted six Russian hackers for cyberattacks against a range of targets, from worldwide businesses and critical infrastructure to the 2018 PyeongChang Winter Olympics to democratic elections in multiple countries. The losses for the businesses involved are estimated at nearly $1 billion. Pharmaceutical giant Merck alone reported losses at $870 million, which highlights a growing concern for other global firms.

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