FALL 2005
VOL. 7 NO. 1

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    Technology & Innovation    Cybersecurity Forum Brings Experts to Smith 
    Exploring the Business of Health Care    Global EMBA Students Take on Corporate Challenges in Real Time    More
 

The Smith School has announced plans to collaborate with the South Mediterranean University’s Mediterranean School of Business (MSB) in Tunisia, Africa, to deliver a Masters of Science Degree in the Management of Information Systems Technology. It is the University of Maryland’s first partnership with an African university, as well as the first degree of its kind to be offered in Tunisia.

The program is targeted toward information systems and technology professionals in the Middle East, Southern Europe and Northern Africa. Beginning in March 2006, the program will be offered in bi-monthly two-week modules at MSB’s campus in Tunis, Tunisia, over one year’s time. The final module will be held at the Smith School.

Can an individual computer user be held liable for neglecting to update his or her virus protection? How much is enough for a firm to spend on information security? How can individuals, organizations and even nations be encouraged to invest in information security?

These were among the questions explored by a group of scholars from around the world at the Second Annual Forum on Cybersecurity held at the Smith School on Thursday, May 26, 2005 and organized by three thought leaders in the field: Lawrence A. Gordon, Ernst & Young Alumni Professor of Managerial Accounting, Martin P. Loeb, Deloitte and Touche LLP Faculty Fellow, both of the Smith School’s accounting and information assurance department, and William Lucyshyn, a visiting senior research scholar at the University of Maryland School of Public Policy.

The forum focused on financial information systems, for whom security is an ever-increasing concern. The existing financial services sector information sharing and analysis center (ISAC), which was expanded by a Homeland Security presidential directive after 9/11, now has more than 1500 members. It gathers threat, risk and vulnerability information about cyber and physical risks faced by the financial sector, and then delivers advisories to help the nation’s financial service avoid those threats.

Information security is becoming more important as society grapples with problems like identity theft and nations work to ensure the safety of their computer networks, which drive so much of modern business, government and military activities. University of Maryland scholars lead the way in this growing field of research.

Their work has been encouraged by Smith School Dean Howard Frank. “This field is close to my highest priority in the area of technology development,” said Dean Frank in his welcoming remarks. As director of the Information Technology Office at the Defense Advanced Research Projects Agency prior to his term at the Smith School, Frank observed to his dismay that little attention had been paid to the possibility of information attacks or intrusion into the network by hostile forces. “The overall information structures of our nation are still vulnerable,” says Frank. “There are grave and dramatic consequences for the neglect of information security.”

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