Risk Tip
The U. S. Department of Homeland Security has launched the National Risk Management Center with the aim of collaborating with the private sector to identify and reduce cyber threats and develop risk management strategies to better deal with those threats.
The new center was announced in late July by U. S. Secretary of Homeland Security Kristjen Nielsen at the DHS National Cybersecurity Summit in New York City. The Center “would recast what is now NPPD, or the National Protection and Programs Directorate — our cybersecurity arm — into an ambitious operational agency capable of better confronting digital threats," said Nielsen.
The goal of the center is to be the primary contact resource for companies that experience a cyber-attack. Whether the center will succeed in that depends on how the private sector responds, say critics.
Private sector risk managers are wary of losing control and don’t want "someone to swoop in and take over," said Marcus Christian, a partner at Mayer Brown and former executive assistant U.S. attorney at the Southern District of Florida to Property Casualty 360. "They want their interests protected."
Most companies like to protect their liability by maintaining the option of keeping things close to the vest, according to Bill Conner, founder and CEO of cybersecurity technology provider SonicWall. "One of the issues is once you get involved in from a private industry side, your lawyers get uncomfortable real quick with how much you say publicly," he said.
Conner does think, however, that DHS has shown itself to be easy to do business with and this will inspire some private companies to "embrace the new DHS effort," he said.
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