What role does innovation play in the cybersecurity industry?
Our society has entered an age in which a majority of our operations rely on the internet and information technology. In addition, as a result of President Obama’s 2012 Digital Government initiative the U.S. government has increased information technology usage in order to increase government productivity, collaboration, and the way in which government entities interact with the populace. As a result, our computers and computer networks are at risk of malicious cyber-attacks from nefarious actors around the hoping for financial gain, theft of intellectual property, and other politically motivated reasons. In order to stem the constant threats “advances in cybersecurity are urgently needed to preserve the Internet’s growing social and economic benefits by thwarting adversaries and strengthening public trust of cyber systems (The art of managing innovation risk)”. Despite increasing awareness of these threats a majority of organizations still do not take advantage of available technology and processes to secure information technology, nor are protective measures evolving as quickly as the threats. This general research and development has put organizations at great risk. Thus, addressing security issues requires a partnership that begins with constant and increased innovation.
Who are the major developers of cybersecurity related inventions?
As highlighted by Intel Security, “Cybersecurity threats are a growing concern for all types of organizations, and that makes it more important than ever to recognize those who have made keeping critical systems secure a top priority,” (Cyber-Security Leaders). Some highlighted innovators from the last year include Intuit, Verizon, Israel, and the U.S. Government. No one organization is the leader in all areas of cybersecurity, however companies such as Verizon, Booz Allen Hamilton, Fire Eye, Lockheed Martin have and continue to invest billions of dollars and commit large amount of resources for the advancement of cyber security (National Cybersecurity Innovation Awards).