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Aspen Cybersecurity Group Warns of Challenges to U.S. Technological Innovation in New Report – O’Melveny Partner Lisa Monaco Serves as Group’s Co-ChairOctober 8, 2019
The Aspen Cybersecurity Group, a leading cross-sector, public-private cybersecurity forum comprising former government officials, industry executives, and academics, recently released “An Innovation Challenge for the United States,” a report that details how the U.S. is losing its position as a global innovation leader and offers a series of recommendations for the federal government and private sector to encourage technological development.
The report explains that while the post-war structural advantages that allowed the US to dominate innovation have greatly diminished, continued innovation leadership is essential to global peace and economic prosperity. Among the recommendations outlined are increased research funding by the federal government, the promotion of free trade and immigration, and a greater investment in education.
The group is led by O’Melveny’s Data Security and Privacy Group Co-Chair Lisa Monaco, Rep. Will Hurd, and IBM CEO Ginni Rometty. Its membership includes executives from AIG, Apple, Facebook, Google, and Johnson & Johnson, among others.
This memorandum is a summary for general information and discussion only and may be considered an advertisement for certain purposes. It is not a full analysis of the matters presented, may not be relied upon as legal advice, and does not purport to represent the views of our clients or the Firm. Lisa Monaco, an O’Melveny partner licensed to practice law in New York, contributed to the content of this newsletter. The views expressed in this newsletter are the views of the authors except as otherwise noted.
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