OODA Ventures investment 418 Intelligence has secured an award from the US Department of Homeland Security. Full release below:
The Department of Homeland Security (DHS) Science and Technology Directorate (S&T) has awarded 418 Intelligence Corporation of Herndon, Virginia $350,000 to develop a forecasting platform that will help critical infrastructure owners and system operators share and keep abreast of the latest developments in cybersecurity protection.
The award was made through the S&T Cyber Security Division’s (CSD) Cyber Risk Economics (CYRIE) project. CSD is part of the Homeland Security Advanced Projects Agency.
CYRIE supports measurement and modeling of the business, legal, technical and behavioral aspects of the economics of cyber-threats, vulnerabilities and controls. Its primary research focus is on investment, impact, value and incentives related to cybersecurity risk management. This focus will provide relevant, timely, accurate and comprehensive data to help shape effective policy, optimize cybersecurity risk management and advance understanding of the cyber-risk landscape. CYRIE’s goal is to improve value-based decision-making by those who own, operate, protect, and regulate the nation’s vital data assets and critical infrastructure.
“Those who are charged with protecting critical infrastructure systems are better positioned to defend against cyberattacks if they have wider access to information about cybersecurity controls,” said CSD Director Douglas Maughan.
Through an effort titled “Benchmarking Cyber Threat Controls through Crowdsourcing,” the company will develop a prototype game-based, forecasting platform and user-experience that will engage participants in competition and mastery of the latest developments in cybersecurity. Integrated in this platform will be advanced anonymous information-sharing capabilities designed to allow complete control over the digital rights to information. The approach will engage stakeholders in a real-world, risk-oriented game experience where incentives based in a game economy will inform pragmatic benefits by prompting the exchange of high-value information about cybersecurity threats and controls. Currently, this individual knowledge largely is stove-piped and hoarded, thus preventing better collective knowledge and actions to counter dynamic cyber-threats.
“This effort tackles longstanding cyber-risk challenges to understanding the efficacy of cybersecurity controls and incentivizing the socialization of that knowledge,” said CYRIE Program Manager Erin Kenneally. “The novel approach aims to change how cyber-risk management and controls investment decisions are made. It also demonstrates the advantage provided by community-informed reporting of the real-world controls effectiveness in attack scenarios. This has direct relevance to cybersecurity defenders across the spectrum of the Homeland Security Enterprise and for transfer of risk via cyber insurance and risk control.”
CSD’s mission is to enhance the security and resilience of the nation’s critical information infrastructure and the internet by developing and delivering new technologies, tools and techniques to defend against cyberattacks. The division conducts and supports technology transitions and leads and coordinates R&D among the R&D community, which includes DHS customers, government agencies, the private sector and international partners. For more information about CSD, visit https://www.dhs.gov/cyber-research.