BAE Systems‘ chief technology officer of the intelligence and security sector, Peder Jungck, has been named president of the Information Technology – Information Sharing and Analysis Center, a not-for-profit organization composed of member companies dedicated to enhancing cybersecurity by sharing threat information and collaborating on effective mitigations of cyber risk.
“IT-ISAC engages a global network of subject-matter experts from the world’s leading technology companies to enhance cross-industry awareness of emerging cyber threats,” Jungck said. “The organization is itself a cyber defense force multiplier that is helping to protect global commerce and enhance international security.
“As a best practice, BAE Systems harnesses all of the data surrounding cyberattack strings, etc. that target our network,” Jungck continued. “When we identify and neutralize these threats to our own network, we can share this cyber threat data with our industry partners. Industry collaboration through crowdsourcing is an effective way to share the rewards of a safer cyberspace, at a reduced cost. CTI sharing is the logical first step for any organization seeking to implement a holistic cyber defense strategy.”
Jungck brings more than 20 years of experience within the IT industry to the position. He’s served as the CTO of a Silicon Valley venture capital firm and led a variety of IT and cybersecurity businesses. In recognition of his work, Jungck has earned 26 patents in networking and security, as well as published a book and peer-reviewed works on secure computing and software defined networking.
Jungck was also an early board member of Cyber Maryland, a member of the National Initiative for Cybersecurity Education’s NICE365 Industry Advisory Board, a Security Innovation Network 16 adviser and a STARS mentor for Mach37 (Virginia Cyber Accelerator).
IT-ISAC members include C-suite technology and security leaders from the world’s largest technology companies. Members collaborate to protect their enterprises and the collective global information infrastructure. The industry-only forum also works closely with the Homeland Security Department to help companies around the world minimize threats, manage risk and provide near real-time responses to real-world cybersecurity challenges.