Scott Borg is Director of the U.S. Cyber Consequences Unit, an independent, nonprofit research institute that investigates the strategic and economic consequences of cyber attacks. Widely recognized as the leading authority on the economics of cybersecurity, he has been the principle proponent of a quantitative, risk-based approach to cybersecurity for more than fourteen years. Along with John Bumgarner, he is co-author of the new US-CCU Cyber-Security Matrix, the most comprehensive survey of cyber defense measures.
His other technical contributions have included pioneering work on the techniques for hiding and finding malware. Because of the way he has employed economic models to analyze potential attackers, he has been able to anticipate most of the new developments in cybersecurity since 2002. He comments for NBC, CNN, the BBC, NPR and other broadcast media, served on the Commission on Cybersecurity for the 44th Presidency, and has lectured at Harvard, Yale, Columbia and other leading universities.
An economic analysis of cyber risks in the healthcare industry can provide a sound basis for decisions about cyber-security budgets, policies, and even specific counter-measures. It also can provide a window into the new kinds of cyber attacks that are coming, even when they haven’t been seen yet. The new threats this analysis identifies are more frightening than anything we’ve seen so far, but there is a clear path to dealing with them.