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Cyber Security and e-Crime

“2014 could be very much the year of biometric “- Janice Kephart, CEO of The Secure Identity and Biometrics Association (SIBA)

“In cyber, the technology is changing at blind spend and the regulatory and legal construct is still stuck in a dial- up environment”- Roger Cressey , Liberty Group Ventures New York, NY: Investorideas.com, an investor research and news portal covering leading sectors including technology and defense releases video and commentary from its recent Security and Defense Conference , Game Changing Technologies: The Face and Future of Security”, held in New York on March 11, 2014.

This panel of industry experts discusses the current state of the security and defense industry, and explores where it's headed in 2014 and beyond including authentication, biometrics, biodefense, cyber security.

In regards to cyber, Roger Cressey a Partner with Liberty Group Ventures, LLC said.” Here’s the problem with cybersecurity; nobody knows what it is. It is all things to all people right now and you may have one specific slice of the cybersecurity pie but I can tell you the government is still trying to figure out what it is For example , the Department of Defense is going to request $5 Billion dollars for the next fiscal year budget and even they aren’t sure where all that money is going to go , they just know they need to spend more.

He went on to say later in the session, “In cyber, the technology is changing at blind spend and the regulatory and legal construct is still stuck in a dial up environment. So we all need to remember that Washington and the even at the State level is way behind the curve in terms of what kind of regulatory and legal framework need to be in place to reflect this new reality.”

Scott Greiper, President and Founding Partner Secure Strategy Group notes, “everybody in cyber; the user and the provider is playing defense. Nobody is playing offense. We are looking for companies with technologies that play offense.”

He also said in terms of biometrics, it’s all about identity management “We have moved from bring your own device to bring your own identity.”

In terms of opportunity he stated, “We prefer to work with small public companies because the results of our efforts and management’s effort is visible every day and that’s where you can get wealthy in this space; is in the small public market area.”

Janice Kephart, Founder and CEO of The Secure Identity and Biometrics Association (SIBA) told the audience, “What I think in 2014, is that this could be very much the year of biometric but much will depend on the education and the acceptance of both the public and private sector.“

Read this release in full at: http://www.investorideas.com/news/2014/technology/03282.asp

Panel:

MODERATOR: ROGER CRESSEY, Liberty Group Ventures

PANELISTS: SCOTT GREIPER, Secure Strategy Group; MARTY MARTIN, Crane & Crane Consulting; JANICE KEPHART, The Secure Identity and Biometrics Association (SIBA)

Speaker Biogs:

Roger Cressey is a Partner with Liberty Group Ventures, LLC in Arlington VA, a risk and crisis management firm specializing in cyber security, campus security and sports security. He most recently served as a Senior Vice President at Booz Allen Hamilton, supporting the firm's cyber security practice in the Middle East. Prior to joining Booz Allen, he was President and Founder of Good Harbor Consulting LLC, a security and risk management consulting firm.

Mr. Cressey's government service included senior cyber security and counterterrorism positions in the Clinton and Bush Administrations. At the White House, he served as Chief of Staff of the President's Critical Infrastructure Protection Board from November 2001 - September 2002. He also served as Deputy for Counterterrorism on the National Security Council staff from November 1999 to November 2001. He was responsible for the coordination and implementation of US counterterrorism policy and managed the US Government response to multiple terrorism incidents, including the Millennium terror alert, the USS COLE attack, and the September 11th attacks.

From 2004 - 2013, he served as an on-air counterterrorism analyst with NBC News, appearing frequently on NBC Nightly News, The Today Show, MSNBC and CNBC.

Prior to his White House service, Mr. Cressey served in the Department of Defense, where he worked on US defense strategy and the review of Pentagon war plans. From 1991-1995, he served in the Department of State working on Middle East security issues, including serving as a member of the US delegation to the multilateral track of the Arab-Israeli peace process talks.

His overseas experience includes serving as a Pol-Mil officer with the US Embassy in Israel and with UN peacekeeping operations in Somalia and the former Yugoslavia. While in the former Yugoslavia, Cressey was part of a United Nations team that planned the successful capture of the first individual indicted for war crimes in Croatia. From 2001 - 2006, he taught a graduate course on U.S. counterterrorism policy at Georgetown University. He also served as a Fellow at the Center on Law and Security at New York University.

He received his B.A. in Political Science from the University of Massachusetts at Lowell and an M.A. in Security Policy Studies from The George Washington University. Roger is the recipient of the State Department's Meritorious and Superior Honor Awards and the Defense Department's Exceptional Civilian Service Award.

Scott Greiper, President and Founding Partner Secure Strategy Group

Mr. Greiper is the President and Founding Partner of Secure Strategy Group. He has had a distinguished 15-year career in the security and defense technology sectors as both a research analyst and investment banker, and is known as a thought leader in the industry. Before forming Secure Strategy Group, he was a Managing Director at Legend Merchant Group and Head of the firm's Convergent Security Group, which provided capital, strategic advisory and M&A services to growth companies in the security and defense technology markets. Previously, Mr. Greiper was a Principal and Senior Analyst at C. E. Unterberg, Towbin, where he covered public companies in the Global Security industry and was consistently ranked as one of the top analysts in the sector. He has worked with a range of industry leaders and is a frequent guest speaker and moderator at conferences and seminars across the country. Mr. Greiper attended the Executive MBA program at Columbia University and holds a B. A. in Economics from The University of Chicago. He is a member of the FBI InfraGard program, BENS (Business Executives for National Security), ASIS (American Society for Industrial Security) and NYSSA (New York Society for Security Analysts).

Janice Kephart, Founder and CEO of The Secure Identity and Biometrics Association (SIBA)

Janice recently returned from a Special Counsel position with the Senate Judiciary Committee, where she was asked to testify and then return to staff to support the national, border and identity security aspects of the now Senate-passed immigration reform legislation. Ms. Kephart is an internationally recognized border and ID security expert, who served as counsel to the 9/11 Commission and was a key author of the Staff Monograph, 9/11 and Terrorist Travel as well as the immigration and identity security-related facts and recommendations in the 9/11 Commission Report.

Janice speaks regularly at conferences, to international media, publishes articles and opeds around the world, and has testified before Congress 16 times on issues of border and ID security.

Marty Martin, CEO of Crane & Crane Consulting

Marty Martin has an accomplished career which includes service with the CIA, NSA, and the U.S. Army. He has developed invaluable insight, managerial experience, and relationships across the U.S. Government and many foreign governments and intelligence services at the highest levels. He is the CEO of Crane & Crane Consulting, LLC where he leads the firm's expansion and growth. He previously served as a Senior Executive for the International Oil Trading Company (IOTC), a multi-billion dollar enterprise with activities in Iraq , Jordan , Libya , Russia and the Caribbean . He also played a central role in HBO's Manhunt, a 2013 Emmy awarding winning documentary. Mr. Martin's experience includes over 29 years of U.S. Government service including U.S. Special Forces, the National Security Agency, and the CIA, culminating in several years as a member of the CIA's Senior Intelligence Service. From 2004 through 2007 he served as Chief of Station in a strategic country in the Middle East in one of the most senior assignments in the Near East Division. He managed a multi-million dollar budget, strategic programs, personnel, and families in high threat environment. His experience includes representing the CIA at the highest levels in foreign countries, the U.S. Executive Branch, the U.S. Congress, U.S. Military, on all intelligence and policy matters concerning the agency's operations. In 2002 he was selected by the Director of Central Intelligence as the senior executive and operational manager to lead the Agency's global effort to neutralize Al-Qaida. In that role, he interacted at the highest levels of the U.S Government, including the White House, FBI, Homeland Security, NSA, Congress, and various branches of the U.S. Military, on a daily basis. During this specific period the lion's share of the perpetrators of 9/11 were nullified.