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Blog Entries from February 21, 2012

Secretary Bryson Advocates Build It Here, Sell It Everywhere at State Department Global Business Conference

Bryson flanked by flags at the State Department

Earlier today, Secretary Bryson spoke to the first-ever State Department Global Business Conference during an afternoon plenary session entitled, “What the Government Can Do for Business.” He discussed his top priorities as Commerce Secretary: supporting advanced manufacturing, increasing U.S. exports, and attracting more investment to the U.S. Bryson highlighted efforts at making the Commerce Department an effective partner and resource for American businesses.

Secretary Bryson focused on the Administration's jobs effort, saying "In October of last year, I was confirmed as Secretary. Around that same time, Secretary Clinton sent a cable to her staff in U.S. embassies.  It said that strengthening our economic leadership abroad and driving growth here at home – “economic statecraft” – is now a key part of what the State Department does. I was pleased to hear this because economic statecraft aligns perfectly with the top priorities I have for the Commerce Department: supporting advanced manufacturing, increasing U.S. exports, and attracting more investment to the U.S. – all to create jobs."

Secretary of State Hillary Clinton amplified that message earlier at the luncheon session, saying "I have made 'Jobs Diplomacy' a priority mission at the State Department, with a clear goal: Just as our companies are ready to out-work, out-innovate, and out-compete their rivals, so we intend to be the most effective diplomatic champions for prosperity and growth."

NIST Establishes National Cybersecurity Center of Excellence

NIST Establishes National Cybersecurity Center of Excellence

According to a recent industry study, cyber crimes cost the global economy $388 billion annually in both direct financial losses and the value of lost time dealing with the effects of cyber crime. The study found that about 431 million adults are victims of cyber crime each year.

Another recent study found that annual cyber crime costs for larger U.S. companies averaged about $5.9 million each with a 44 percent increase in the number of successful cyber attacks compared to the previous year.

To help organizations better protect themselves from such threats, the Commerce Department’s National Institute of Standards and Technology (NIST) today announced a new partnership to establish the National Cybersecurity Center of Excellence.  The Center will operate as a public-private collaboration for accelerating the widespread adoption of integrated cybersecurity tools and technologies. The State of Maryland and Montgomery County, Md., are co-sponsoring the Center with NIST, which will work to strengthen U.S. economic growth by supporting automated and trustworthy e-government and e-commerce.

U.S. Senator for Maryland Barbara Mikulski, Maryland Lt. Governor Anthony Brown and Montgomery County Executive Isiah Leggett were at NIST in Gaithersburg, Md., today to announce the partnership with Under Secretary of Commerce for Standards and Technology and NIST Director Patrick Gallagher.