The Business Review - March 2021

FORUM REVIEW

Cyber Security Threats and How to Mitigate Risk

Virtual Forum with Mike Orlando, Acting Director, National Counterintelligence and Security Center. Sponsored by: Hunter Communications, March Forum

By Rebecca Scott | RJS Writing Services | March 8, 2021 | B usinesses in the United States, whether large or small, continue to face cyber threats from countries like Russia, China, North Korea and Iran. During the March Forum, Mike Orlando, Acting Director of the National Counterintelligence and Security Center, discussed how other nations target companies’ trade secrets, technology and intellectual property, and how

and industries such as robotics, aerospace, farming equipment, bio tech, 5G and clean energy, among others. “If you are in these industries, it’s likely China will attempt to steal your tech,” Orlando added. Often, they will use legal channels first, such as merging with a company. If that fails, he warned they will use cyber attacks or human actors

to obtain the information they want. Orlando also warned businesses to be alert if they have employees in foreign countries. For example, in the U.S. the FBI has to get a court order if they want you to cooperate. “In China, the government can compel people to do what they want. If you have employees abroad, they can be forced to do something they don’t want to do, such as sharing information about your company.” Next, Orlando addressed the concept of proper “cyber hygiene” for businesses. Simple steps such as downloading patches and updates, or hosting regular email training for employees, are good first steps. But he also recommended more in-depth solutions. “You need top level engagement,

businesses can protect themselves. Orlando started by laying out the biggest current and future cyber threats. First, he discussed Russia and how the United States does not see much of a change in that relationship over the next ten years. “Russia will continue to cause friction here domestically. If you are in a critical industry such as water, gas or oil, it is likely Russia will conduct cyber operations against you to get the U.S. to back down on sanctions.” Additionally, Orlando explained we will continue to see flare-ups with Iran and North Korea — the latter of whom often mirror sanctions with cyber attacks. However, Orlando noted the United States government, think tanks and others believe China is the greatest cyber and economical threat over the next century.

Mike Orlando, Acting Director, National Counterintelligence and Security Center

starting with the CEO; then you must educate your workforce. Also, identify your company’s ‘crown jewels’ and protect them — establish a security program, evaluate it, and build on it,” Orlando said. “Vet your suppliers and contractors. Find the FBI point-of-contact in your area and connect with them. Finally, if you have to do business in China, make a plan to operate your business safely and securely.” The presentation then opened up for a general Q&A, with many questions from the audience. One attendee inquired about the land and equipment deals China offers companies. Orlando said these deals most likely

“It is a competition with China,” said Orlando. “They don’t see a relationship as win-win; there’s only a winner and a loser. Since 2013 we’ve seen a more authoritarian point-of- view there. They want to be a superpower.” Orlando then discussed several goals China hopes to achieve in the coming decades, one of which is the “Great Rejuvenation,” where they desire to become an economic superpower. Then there is “Made in China 2025,” said Orlando. This plan focuses on China moving into more high tech development

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The Business Review | March 2021

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