From Battlefield to Boardroom: Assessing the Cyber War Frontlines - Jen Easterly on the New Era of Cyber Risk
Money Maze Podcast
Money Maze Podcast
4.9 • 238 Ratings
🗓️ 5 March 2026
⏱️ 65 minutes
🧾️ Download transcript
Summary
We have had some extremely distinguished guests over the last 6 years, but we haven’t secured one who combines, a Rhodes Scholar, US Army Colonel, Counter terrorism expert, leading the US’s cyber intelligence defence agency, and a lecturer at Oxford and beyond, whilst also having worked at Morgan Stanley, and now CEO at RSAC.
Jen plots a journey from Oxford to Westpoint, from Colonel of the US’s first Cyber Battalion to the Whitehouse, working under Condoleezza Rice and then chosen by President Biden to create CISA, The US’s first cyber defense agency.
In a whirlwind, world-wide tour, Jen plots the risks, defines the adversaries, reflects on intelligence, cooperation, and the real and present cyber risks to industries.
She offers advice to boards, the existential risks for businesses who think this is just a “technology issue” and leaves us with a stark observation. If the cost of annual cybercrimes were aggregated into one number, it would be equivalent in GDP terms to being the third largest economy in the world!
The Money Maze Podcast is kindly sponsored by Schroders, IFM Investors, World Gold Council and LSEG.
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Transcript
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| 0:00.0 | I am a huge believer in the power of AI to make a very positive difference in the world. |
| 0:05.0 | And I think we have to stipulate. |
| 0:07.0 | Look, AI will be the most powerful technology of our lifetime. |
| 0:10.0 | It will change everything, how we live, how we work, certainly how we defend our digital world. |
| 0:16.0 | AI is going to help create capabilities that can identify and detect a cyber attack before it gets near to making an impact. |
| 0:25.4 | We talk about domains of warfare, the five domains, airspace, land, sea, and cyberspace. |
| 0:30.9 | But in the world of cyber, there really is a sixth domain. |
| 0:35.4 | And in many ways, it's the most important domain, and that's the private sector. |
| 0:39.8 | The vast majority of critical infrastructure, and when I say critical infrastructure, it's not a technical term, Simon. |
| 0:46.6 | It's water, it's power, it's health care, it's finance, it's transportation, it's communications, it's what drives our daily life. |
| 0:55.2 | The vast majority is owned and operated by the private sector. |
| 0:59.2 | So the private sector, more than any entity, is on the front lines of those battles. |
| 1:04.0 | And frankly, it's why it is absolutely so critical that everything that we do in cyberspace is rooted in catalyzing the right |
| 1:14.1 | collaboration between the government and the private sector to enable us to reduce risk to |
| 1:20.2 | that critical infrastructure. |
| 1:22.9 | We've had some extremely distinguished guests over the last six years, but we haven't secured |
| 1:28.4 | one who combined being a Rhodes Scholar, a US Army colonel, serving two terms at the White |
| 1:33.7 | House, a counter-terrorism expert leading the US's cyber intelligence defence agency, |
| 1:39.6 | and one who lectures at Oxford and beyond, whilst also being hired into the private sector and working |
| 1:45.0 | for Morgan Stanley. But today, armed with her intellect and unusually not with her trademark cowboy boots, |
| 1:52.8 | we've secured our target and a thrill to welcome Jen Easterly to our offices. Welcome, Jen. |
| 1:57.8 | Thank you, Simon. Great to be with you. Well, I need to say, first of all, big thank you to our mutual friend Rob Rooney, who |
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