In the News – This Week in Critical Infrastructure: Week of June 5, 2017

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This Week in Critical Infrastructure we look at the latest commentary on the President’s infrastructure investment plans and viewpoints on cybersecurity, including Estonia’s cyber embassy efforts, criticism of current cybersecurity efforts from Forbes,
and thoughts on cyber insurance.

Stanford Scholars Discuss State of U.S. Infrastructure as the President Promotes His $1 Trillion Plan

Mike Bennon provides an interview with Stanford scholars Francis Fukuyama and Raymond Levitt discussing Trump plans to invest $1 trillion in infrastructure and potential priorities for spending.

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Who Owns U.S. Infrastructure?

Chris Edwards provides a research report from the CATO Institute Tax and Budget Bulletin discussing the ownership of infrastructure assets in the United States, with an emphasis on the overwhelming majority of infrastructure owned and operated by private entities and state and local governments.

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Cybersecurity Faces 1.8 Million Worker Shortfall By 2022

Dawn Kawamoto from Dark Reading reports on a recent survey from (ICS)2 that projects the number of unfilled cybersecurity jobs will rise to 1.8 million over the next five years. The survey predicts that this shortage will lead to soaring cybercrime, with costs reaching a predicted $6 trillion annually worldwide by 2021.

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Estonia Buoys Cyber Security with World’s First Data Embassy

From DW, Isabelle de Pommereau details Estonia’s steps to protect itself from cyberattacks by opening a data center in Luxembourg to store critical infrastructure-related data.

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Cybersecurity Insurance: A New Answer to Online Crime

In this opinion piece from PC World, Violet Blue discusses the pros and cons of purchasing cyber insurance to protect against cyber incidents including Internet of Things attacks, malware, ransomware, personal breaches, and losses from phishing and identity theft.

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Cybersecurity Is Dead

Mike Baukes from Forbes argues that current cybersecurity efforts are largely insufficient and in order to better foster cyber resilience, experts need to gain a better understanding of the state of IT systems to ensure systemic integrity.

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