Lightning Round 2: Public Private Partnership

Our society is shifting rapidly and our longstanding institutions are trying to keep pace. New technologies, better training, and efforts to diversify our nation’s police forces have all had positive impact. Everyday we call on our police to be more than law enforcement officers and expect them to also respond to nonviolent calls relating to mental illness, addiction, and other social ills. Still we hear for calls to “defund.” Is it time to ask more of our police and cut resources? What technologies might we better leverage in our policing?

In 2021, authorities, industry, and the public saw a dramatic increase in publicly acknowledged ransomware attacks. From critical infrastructure to healthcare systems to local governments, the attacks are growing more severe and frequent and no sector or industry seems invulnerable to these attacks. Cryptocurrency has been the payment means of choice by many of the attackers, raising questions as to whether cryptocurrency is an enabler of such attacks and what can be done in response. In the case of Colonial Pipeline, the US Government was able to trace and recoup much of the payment. With the rise in ransomware and the adoption of cryptocurrency in the legitimate economy, how should regulators, financial institutions, law enforcement, and the virtual asset community respond? Are there avenues of creative partnership to address these risks, and what can be done to ensure hackers find it more difficult to profit from ransomware?

Creating the Right Marketplaces 20 years after 9/11, we know that adapting to changing threats, technology, and operating environments requires innovation – and investment in tools and infrastructure. With infrastructure investment being front and center in DC, how can the public and private sector to work together to best position our critical infrastructure for the next 20 years? Can P3s be the answer to enabling the right marketplaces in those sectors?