The Future of CyberSecurity in the Boardroom

Michael Cockrill CIO State of Washington

Agenda • Opening Security Platitudes • Obligatory Freighting Statistics • Meaningless Word Clouds

Real Agenda

Financial Instruments

Law Suits

Regulations

Cyber Warfare

Cyber Security in 2020

Structural Change in Economy

Cyber Insurance

Exercise for the Reader

Class Action - Negligence

Public Market Disclosure

Regulation

• Mandatory Immediate Data Breach Reporting • EU will ruin it for the US (Again) • Self Attestation around Cyber by Senior Execs

(a la Sarbanes–Oxley) • Increased Focus on CRIK

Cyber War

Brazil - November 10, 2009

THANKS FOR LISTENING

Michael Cockrill Michael.Cockrill@ocio.wa.gov