Forum on Financial Information Systems and Cybersecurity: A Public Policy Perspective

The information revolution has not only introduced new technologies, but has changed the way business is conducted.  Economic transactions increasingly take place via digital electronic activities focused primarily on the interconnectivity obtained via the Internet.  A critical part of this interconnectivity is the way organizations have integrated their accounting and financial management systems with Internet–based applications.  The importance of the Internet to private and public organizations is well known.  

As a result of the above noted developments, cybersecurity has moved to center stage.  Indeed, cybersecurity (with its emphasis on information and computer security) has itself become a key issue for private and public organizations in the digital economy.  The public policy implications of cybersecurity are now being actively debated.  The activities of the U.S. Department of Homeland Security have certainly highlighted the importance of this debate.  

In order to help form and resolve the debate concerning the relations among financial information systems, cybersecurity, and public policy, the University of Maryland's Robert H. Smith School of Business, in cooperation with the Center for Public Policy and Private Enterprise (from Maryland’s School of Public Policy), initiated a Forum entitled Financial Information Systems and Cyber Security: A Public Policy Perspective .  The first Forum was held in May 2004. This Forum encourages the exchange of ideas among researchers and executives who share a common interest in issues related to Financial Information Systems and Cybersecurity.  Coordinators for the Forum are Lawrence A. Gordon, Martin P. Loeb, and William Lucyshyn. The Tenth Forum will be held in January 2014.

Dr. Lawrence A. Gordon at Orioles baseball game with participants at the 2005 Forum on Financial Information Systems and Cybersecurity.

Marianne Emerson, director of information security for the U.S. Federal Reserve Board, spoke at the "Financial Systems and Cybersecurity: A Public Policy Perspective" forum in May 2004.