![]() ![]() Maryland is in the process of building the largest cybersecurity hub in the world at Port Covington, Md.įirst, Maryland has the largest concentration of university-trained cyber engineering graduates in the world. It takes conviction, commitment and the relationships and resources to ensure sustainability - and it needs a physical place where they can all come together: Cybertown USA. But building critical mass takes more than opportunity. Maryland is the first state to set up its own cyber investing arm directly from its budget coffers as well as the first Governor (Hogan) to make cybersecurity the number one focus of the state due to its vast technical resources. Our challenge is building an integrated ecosystem that knows how to leverage that expertise and those resources into commercial success. We have an opportunity for growth in this area that mirrors what Silicon Valley looked like 50 years ago. The parallels between Silicon Valley leveraging the massive government innovation investments at Stanford and Berkeley in support of WWII and those similarly-sized investments that have been made in cybersecurity and data science innovation here in Maryland are striking and compelling. There is a groundswell of innovation in certain deep technology disciplines taking place within government labs, producing cutting edge technology with enormous commercialization potential. in cyber employment for classified nation-state jobs. With more than 150,000 cyber-related engineering and data science professionals, Maryland has the #1 cyber workforce in the world, and leads the U.S. Maryland is also home to the world’s deepest reservoir of cyber-focused engineering talent, including some of the most popular commercial cybersecurity companies in the world such as Tenable, Gemalto, Dragos, Sonatype, ForcePoint and local company Sourcefire was sold to Cisco for $2.7 billion. Maryland is home to over 40 government agencies including the National Security Agency, National Institute of Standards and Technology, Defense Information Systems Agency, Intelligence Advanced Research Projects Activity, USCYBERCOM, NASA and DoD Cyber Crime Center, among others. But the largest population of talent and the fastest growing green-field environment in information technology is actually located in Maryland. There are established cybersecurity ecosystems in Boston, San Antonio and Silicon Valley, and new hotspots on the rise in Chicago, Dallas, and Atlanta. CyberNYC is building a cyber army through five new startup programs. Its prize is massive economic growth and a talent engine that can fuel these cities’ growth for decades to come. ![]() cities and even Israel are racing to invest billions and build out massive commercial cybersecurity hubs, all vying to attract the world’s best commercial cybersecurity talent and startups. With 3.5 million unfilled cybersecurity jobs by 2021 (up from 1 million in 2014), hundreds of major and smaller universities are scrambling to offer cybersecurity degrees and the race to win has intensified. This is a tremendous time to be involved with cyber and data science innovation, and the biggest institutional investors in the world are taking note. ![]() Demand for new cybersecurity solutions is also growing exponentially, and the business and employment opportunities in this industry are enormous. A large number of the world’s nations use their vast defense and intelligence efforts to steal an economic advantage through the theft of data. The global modern battlefield has moved from tanks and planes to digital bombs and cyberattacks. Cybercrime remains far too easy, since many technology products lack adequate defenses, while cybercriminals use both simple and advanced technology to identify targets, automate software creation and delivery, and monetization of what they steal. ![]() Data protection and cybersecurity are at the top of the priority list for most of the world’s businesses, governments and organizations.Ĭybercrime damages are predicted to cost the work $6 trillion annually by 2021, up from $3 trillion in 2015. Texas, California, New York, Maryland, Florida and other states are all in a race for the crown to become the global cybersecurity hub. Cybersecurity Ventures predicts that global spending on cybersecurity products and services will exceed $1 trillion cumulatively from 2017 to 2021. The global cybersecurity industry is one of the fastest growing markets in the world. Maryland is the world’s epicenter of cybersecurity engineering talent, and the most logical headquarters for U.S. Many are calling it “the great cyber gold rush.” Cities and states across the country are vying for a piece of the booming market for securing technology and data. ![]()
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