Mainebiz

W W W. M A I N E B I Z . B I Z 21 A U G U S T 2 4 , 2 0 1 5 is called a "cyber range" — a space to set up computers to try out techniques as defenders and attackers. "If you have a range set up for defense, you bring in attack systems and you try to break in," says Sihler. "If you have a range set up for attack, you bring in defense systems. Frequently, they're at least somewhat competitive in nature. You'll have machines that are identical, and they're assigned to teams, and you compare how well team A does against team B. What's dif- ferent about our range is that we have Betaport and we set students up to run companies. e goal isn't to be better than the company next door, but to work with the company." e most notable example of this was when students from York County Community College, University of Southern Maine and University of Maine/Fort Kent joined forces on a Saturday morning to defend against an "attack" — all while trying to perform the normal functions of an IT depart- ment, including dealing with "outraged users" and "demanding bosses." Cyber dangers In a 2013 report, " e Economic Impact of Cybercrime and Cyber Espionage," McAfee Inc., a global cybersecurity fi rm based in Santa Clara, Calif., breaks mali- cious cyber activity into six parts: loss of intellectual property and business confi - dential information; cybercrime, such as identity theft; loss of sensitive business information, including stock market manipulation; opportunity costs, includ- ing disruptions in service and employ- ment, as well as reduced trust for online activities; additional cost of securing networks, insurance and recovery from cyberattacks; and reputational damage to the hacked company. e McAfee report estimates that the cost of cybercrime and cyber espio- nage to the U.S. economy is $24 billion to $120 billion, or 0.2% to 0.8% of GDP, annually. In Maine, that would translate to $109 million to $273 million. "To bring the problem into per- spective, consider critical infrastructure such as the traffi c lights," Sihler says. "If somebody were to steal them all one evening, the economic costs would be high, not just in wasted time and fuel, but also injury and death due to traffi c accidents, along with losses in the tourism sector. Fortunately, this is not practical. However, depending on how the signals are networked, it might be possible to do this with a few keystrokes — same eff ect, from any- where in the world." 1-800-966-9172 Chip Morrison is Moving Maine Forward Smarter Banking ™ androscogginbank.com Androscoggin Bank welcomes Chip Morrison to the team as a business development officer based out of the Lewiston office. His unique experience in both business and government services means smarter client solutions. FOLLOW US @MBEVENTS #MBFastest15 PRESEN T ING SPONSOR We're seeking nominations for 3 dynamic Maine companies who have not only exhibited tremendous growth, * but have made significant contributions to Maine's economy over the past three years. All finalists will be invited to attend the Fastest Growing Companies event on November 10th where we will announce the number one fastest growing company in each category. The top 3 companies will be revealed live during the awards ceremony and will be profiled in the November 16th edition of Mainebiz. For more information and to submit a nomination, please visit mainebiz.biz/Fastest15 Don't miss out! Nominations close September 30! Do you have or know of a fast-growing company that's outperforming the competition? We want to know about it! *Must be organic growth, does not include mergers and acquisitions C O N T I N U E D O N F O L L OW I N G PA G E »

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