Crowdstrike's Meltdown—What's Next In The Cybersecurity War, Eric Rosenbach - Harvard Kennedy School

Crowdstrike's Meltdown—What's Next In The Cybersecurity War, Eric Rosenbach - Harvard Kennedy School


Cybersecurity is a mess that will continue to impact all of us in the hyper-connected world we live in—and is estimated to cost the global economy $20Trillion by 2026. Whether it is fighting against government sponsored terrorist groups, gig-economy ransomware artists, teenagers holed up in their basements or AI drones, combatting cybersecurity is vital for anyone in charge of digital information. Fighting is the key word of this global war.

The Honorable Eric Rosenbach , knows how to fight at scale globally. He has been confronting cyber risk for decades in his government, civic and private sector roles. Eric is a Harvard faculty member and Director of Harvard’s Defense, Emerging Technology, and Strategy Program and previously he was the Chief of Staff for The US Department of Defense—a huge messy job for sure.

With a budget of $840 Billion the U.S. DoD is the largest government organization leading The Army, Marines, Navy, Air Force, Space Force, Coast Guard and National Guard Groups. With 3.4 million people working out of 4800 locations in 160 countries, the DoD is the largest employer in the US….and you thought Walmart was big!!

A strategic Innovator Eric started The Pentagon's Defense Innovation Unit and has authored several books, including Confronting Cyber Risk: An Embedded Endurance Strategy. Watch or listen in as we unpack scary untold stories that can help you prepare for the rise in ransomware attacks on mid-sized firms, misguided AI drones, dealing with failure and even some on how to reboot bureaucratic government groups.

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Are We Always On The Backfoot?

If you listen to any Crowdstrike briefings or ads for VPN services you might begin to feel like you are never safe online and that you are constantly being targeted by malware. Although there are threats that the average internet user should be wary of “firms like Crowdstrike will make things seem a little worse than they are only because it’s good for business.” Cybersecurity services are in a unique position as through fear-based advertising they are potentially able to drive more business.

Gig Economy Of The Dark Web

For the average individual on the internet having a level of suspicion for links or websites is a pretty good protection against scams and malware. For multi-billion dollar firms, they can spend millions if not billions of dollars to protect their information, and even hire individuals to take down the bad guys before they can act. Unfortunately, middle-sized firms, are at the most risk for Ransomware attacks typically operated by organized criminal institutions. Not only do they not have the resources to devote to a higher level of cybersecurity, but they also have a “cyber risk insurance policy that will cover most of it”. So it is easy pickings for crime organizations, insurance covers the cost for the companies, and in some areas, both sides are required to sign an NDA to keep it covered up.

Rebooting The Government

We all know that our government is a bit rigid and difficult when it comes to change. And since we are talking to a former DOD official, we wanted to get some thoughts on how Eric would reboot the government. He starts by saying that it’s “a bit controversial and probably unrealistic, but here we are dreaming big dreams.” Next Eric mentions that the funding pipeline for the DOD is riddled with difficulties. Since they were “micromanaged by Congress” and are “pretty dysfunctional right now” trying to do any sort of planning became near impossible. On top of that congress would send an 1,100-page guide detailing specifically how the funds are meant to be spent, which more often than not cut off any form of innovation to be had. So if anyone has any reasonable ideas for fixing the dysfunctionality of Congress, the head of the DOD might be interested.

About The Show

The Reboot Chronicles Show is a popular business podcast highlighting the world’s top leaders and CEO’s through engaging peer-to-peer conversations that audiences love.

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About The Host

A WSJ Best-Selling Author, Forbes Contributor, and frequent media guest & speaker, Dean DeBiase is the Executive Producer and Host of The Reboot Chronicles Show, a top leadership podcast that has interviewed hundreds of CEOs, celebrities, and world leaders—unpacking their untold behind-the-scenes stories to help audiences transform their organizations and themselves.

Named “Growth Guru” by Inc., Dean is an award-winning Silicon Valley serial CEO who has lead dozens of public and private organizations through diverse operating environments—creating hundreds of products, thousands of jobs, and billions of dollars of revenue, value, and capital.

Dean is a trusted advisor to CEO’s and boards, helping emerging-growth companies increase their value, and scale toward IPO optionality, by tackling their most challenging issues, seizing emerging market opportunities—and developing new customers, partners, and ventures.

His award-winning Dancing with Startups Program, brings Fortune 1000’s and scaleups together around the globe to accelerate growth, by leveraging global relationships with corporations, executives, thought-leaders, and emerging organizations, to co-create expansion initiatives, new ventures, and M&A.

Dean has an inclusive engagement-culture leadership style that attracts, builds, and inspires multi-generational/multi-national teams to be first-to-market leaders. His Reboot teams have been recognized for rapidly scaling organizations and producing industry-shaping products, services, and brands across sectors—that transformed industries, economies, and societies.

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#growth #innovation #therebootchronicles #deandebiase #BuildBuyBorrow #EricRosenberg #DepartmentOfDefense #Government #Congress #Crowdstrike #Cybersecurity #VPN #Google #Amazon #Walmart #SiliconValley #Harvard #Darkweb #Ransomware #AI #AISecurity #NSA #RedSpace #SchoolofPublicPolicy #CryptoCurrencies #NFT #Bitcoin #KellogGovernanceConference #WhiteHouse #CyberRisk #Army #Navy #Marines #AirForce #SpaceForce #CoastGuard #NationalGuard CrowdStrike Harvard Kennedy School Executive Education

Very helpful! I’ve known Dean for over twenty years and he has been successful in many innovative projects. This discussion about innovation with Eric across the public and private sectors offers some profound insights for all of us. It’s worth your listening time, especially if you think you are a very busy person!

Makonnen Melaku

Co-Founder at GAPE P.L.C

4mo

Thank you for raising it. I am wondering, in a Crowdstrike like scenarios, adapting a digital twins simulation testing platform might be an approach to consider. I would like to know if anyone applied it in cybersecurity area.

Great insights, as always, Eric.

Patrick Malcor

CEO @ Ajax Defense | Defense Manufacturing & Technology

4mo

Excellent, Eric Rosenbach!

Craig Henry

Global Director, Amazon at Murr

4mo

The honorable Eric Rosenbach was my instructor at Harvard, and I find him uber inspiring! Great article and I agree with the importance of cyber awareness and strategy. Remember that the Crowdstrike disaster was not an external attack, but caused by a simple lack of testing code. The #competencycrisis is a huge challenge, as well. CNN: “On Wednesday, CrowdStrike released a report outlining the initial results of its investigation into the incident, which involved a file that helps CrowdStrike’s security platform look for signs of malicious hacking on customer devices. The company routinely tests its software updates before pushing them out to customers, CrowdStrike said in the report. But on July 19, a bug in CrowdStrike’s cloud-based testing system — specifically, the part that runs validation checks on new updates prior to release — ended up allowing the software to be pushed out ‘despite containing problematic content data.’” The bad code update was published just after midnight on July 19 affecting millions of Windows PCs and causing the largest IT outage in history. Impact was well over $1B. Let us learn about cybersecurity, single points of failure and proper testing. Thanks for this Dean DeBiase !

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