Virginia Economic Review

VEDP Vice President of Knowledge Work Meghan Welch spoke with Steven Chen, the founder of PFP Cybersecurity, about the cybersecurity funding environment in Virginia.

Candice Ling is a senior vice president at Microsoft and head of the company’s federal government business unit. Previously, she served as the company’s government industry lead in Asia.

Brad Medairy is executive vice president at Booz Allen Hamilton, a Virginia-based Fortune 500 company where he leads the national cyber account and focuses on the cyber missions of national-level clients like the FBI, the U.S. Department of Defense (DoD), the U.S.

Quokka entered the cybersecurity world with a big reputation — under its previous name, the company landed on the front page of The New York Times after discovering a critical security vulnerability in some Android smartphones that sent user data to Chinese servers.

Cybersecurity attacks are evolving at rapid speed, and the U.S. lacks sufficient professionals to address them.

In an era where cyberattacks threaten everything from bank accounts to national security, the need for cybersecurity has never been higher. In 2020, data breaches, ransomware, and other cybercrimes cost the United States over $4 billion in damages, according to the Federal Bureau of Investigation.

Recently, an Air Force research agency reached out to George Mason University (GMU) with a pressing issue. Drones were attacking Air Force facilities around the globe.

Virginia's proximity to the federal government and the wealth of private technology leaders headquartered in the Commonwealth have helped its workforce rise to the forefront of the cybersecurity industry.

In an increasingly digital world where data breaches, ransomware attacks, and other cybercrimes are pervasive, a skilled cybersecurity workforce is more important than ever. Yet the industry grapples with a significant worker shortage.

States, nations, and any municipality can build and tout their critical infrastructure that, on the surface, may appear second to none. Think: thriving, automated food and agriculture ecosystems. Sprawling office buildings outfitted with remote smart sensors. Unflappable financial markets.

Foreign direct investment (FDI) is a sometimes overlooked, but vital, cornerstone of the U.S. economy. Investments from overseas create high-quality, skilled jobs that pay higher-than-average wages. In 2022, foreign direct investment to acquire, establish, or expand U.S.

When Dutch secondary packaging solutions provider BluePrint Automation decided to open a U.S. location in 1987, the company chose a site in Chesterfield County near Richmond, due in part to the regional talent market and multiple nearby ports that could facilitate importing.

When Ryan Buzzy was a child, his passion was to take radios apart to see how they worked. At 25, he’s not a kid anymore, but his passion for seeing how things work never changed.

Dennis Meseroll is co-founder and executive director of Tractus Asia Limited, a global foreign direct investment advisory firm based in Thailand that specializes in advising and assisting companies with investment and location decisions in Asia.

Foreign companies looking to invest in Virginia go through the same considerations as their domestic counterparts — site evaluation and selection, workforce availability, and logistical issues, to name a few.

How much does Dutch aviation and aerospace giant Airbus value Washington Dulles International Airport? Enough to pick nearby Loudoun County as a center of its U.S.-based spare parts distribution operations not once, but twice.

Jasjit Singh is the executive director of SelectUSA, a U.S. government program housed within the Department of Commerce’s International Trade Administration that works to attract foreign direct investment to the United States.

The LEGO Group’s new manufacturing facility in Chesterfield County is designed to support the company’s sustainability ambitions. From building practices to construction materials to operating functions to landscaping, the LEGO Group’s only U.S.