Excited with todays discussion. We are glad to be joined by our parents. He serves as the liaison to elected officials. And other constituencies throughout the chicago and metro region. He supports the development. We also have the ambassador investor who is a senior fellow. The cambridge global advisors. Our motto in there today is jake burns. The ceo of cambridge global advisors. He teaches Cyber Security policy. For the Cyber Security. Please join me in welcoming the panel. [applause]. Welcome. As i was mentioned. The cyber policy at the university of chicago. I want to thank the council for having us here today. Just to put in a plug for the organization. Is definitely worth every penny. Its fitting that we have this event here in january. The first event i did on Election Security last year was in january on the stage. Whats going on with tech in the elections. In that panel which i think was one of the first in the country was really the first one saint saying what the heck does
The committee will come to order. Cyber security remains one of the greatest challenges facing our nation. As we become more reliant on technology and Digital Infrastructure they can threat of Cyber Attacks has dramatically increased. Every day our citizens, our Critical Infrastructure operators and our federal, state and local governments have to defend against hundreds of thousands of potential Cyber Attacks. These come from criminals who take advantage of our vulnerable people, foreign actors who threaten our Critical Infrastructure, and hackers who try to destabilize american businesses. Cyber attacks are more coordinated and more dangerous than ever. In response to this threat, american regulators have begun to set new standards for Cyber Security and digital safety. They have moved quickly in that work. And in the last four years alone, federal regulators have passed 48 rules on Cyber Security. More than 10 per year. And that doesnt include new policies at the state as well as th
The committee will come to order. Cyber security remains one of the greatest challenges facing our nation. As we become more reliant on technology and Digital Infrastructure they can threat of Cyber Attacks has dramatically increased. Every day our citizens, our Critical Infrastructure operators and our federal, state and local governments have to defend against hundreds of thousands of potential Cyber Attacks. These come from criminals who take advantage of our vulnerable people, foreign actors who threaten our Critical Infrastructure, and hackers who try to destabilize american businesses. Cyber attacks are more coordinated and more dangerous than ever. In response to this threat, american regulators have begun to set new standards for Cyber Security and digital safety. They have moved quickly in that work. And in the last four years alone, federal regulators have passed 48 rules on Cyber Security. More than 10 per year. And that doesnt include new policies at the state as well as th
The committee will come to order. Cyber security remains one of the greatest challenges facing our nation. As we become more reliant on technology and Digital Infrastructure they can threat of Cyber Attacks has dramatically increased. Every day our citizens, our Critical Infrastructure operators and our federal, state and local governments have to defend against hundreds of thousands of potential Cyber Attacks. These come from criminals who take advantage of our vulnerable people, foreign actors who threaten our Critical Infrastructure, and hackers who try to destabilize american businesses. Cyber attacks are more coordinated and more dangerous than ever. In response to this threat, american regulators have begun to set new standards for Cyber Security and digital safety. They have moved quickly in that work. And in the last four years alone, federal regulators have passed 48 rules on Cyber Security. More than 10 per year. And that doesnt include new policies at the state as well as th
Committee will come to order. Today were holding a hearing to discuss a timely topic. Theres been numerous hearings on Cyber Security and how to stop the bad guys. Whats not been discussed in great detail is what the consequence will be from a massive cyber attack that brings down for example a large portion of the electrical grid for an amount of time. The purpose is to answer an important question. With respect to suber threats to the electrical power system, what consequences should the federal government tell states and local governments to prepare for . In other words, for how many people and for how long should states plan on being without power . The federal government does this now for every significant hazard that we face. Whether its a category five hurricane hitting miami or an 8. 0 earthquake in los angeles. The federal government has realist scenarios for states and cities to plan. The federal government does not have this basic planning scenario for a cyber threat to the