Policy Issues
Homeland Security / RE-ISAC

Key Points
Enhancing Security and Resilience in the Face of Dynamic Threats 

More detailed information on various Homeland Security issues can be found in recent issues of Roundtable Weekly — our weekly policy eNewsletter archive that can searched by key word or phrase. The Roundtable's 2018 National Policy AgendaA Building For the Future, also includes includes a section on Homeland Security.

2018 Policy Issues Snapshot details follow list below:  

Strengthening U.S. Security, Physical and Cyber Resilience Remain Top Roundtable Priorities        

Homeland Security Task Force

Information Sharing and Critical Infrastructure: Real Estate Information Sharing and Analysis Center (RE-ISAC)   

Revised DHS Oversight Reform Needed; Enhanced Information Sharing Essential to Address Physical, Cyber Threats      


 Recent Developments:

 ⇒ 05/25/2018      Homeland Security
HOMELAND SECURITY & CRE - May 25, 2018 - Roundtable Weekly 
Senate and House Committees Approve Bills Addressing Foreign Investment Risk; Includes Language Affecting Real Estate 

⇒ 05/18/2018      Homeland Security
HOMELAND SECURITY & CRE - May 18, 2018 - Roundtable Weekly 
Senate and House Committees to Mark Up Bills Addressing Foreign Investment Risk Review on May 22; Includes Language Affecting Urban Real Estate 

 

The Roundtable Works to Strengthen Physical, Cyber Resilience for Real Estate, Critical Infrastructure

RW_cover_2012

Updated news on various Tax policy issues can be found in recent issues of Roundtable Weekly — our policy eNewsletter archive that can searched by key word or phrase.

  • As a critical part of the nation's infrastructure, real estate continues to face an array of threats from natural catastrophes, international and domestic terrorism, criminal activity, cyber-attacks and border security.  To address such threats, the Roundtable continues to help build a more secure and resilient industry against both physical and cyber threats.
  • The Roundtable's Homeland Security Task Force (HSTF) and Real Estate Information Sharing and Analysis Center (www.reisac.org) remains focused on measures that businesses can take-such as creating resilient infrastructure that is resistant to physical damage and cyber breaches - through increased cross-agency information sharing and cooperation with key law enforcement and intelligence agencies.
  • To this end, our HSTF works with government officials and private sector partners to detect, protect and respond to a multiplicity of such key threats. Strengthening the security and resilience the commercial facilities sector remains a top Roundtable priority and is an important aspect of managing any facility where people live, work, shop and play.
  • Presidential Policy Directive 8 (PPD-8) states that our national preparedness is to be based on core capabilities that support "strengthening the security and resilience of the United States through systematic preparation for the threats that pose the greatest risk to the security of the Nation, including acts of terrorism, cyber attacks, pandemics, and catastrophic natural disasters."
  • The Roundtable continues to play a vital role in this effort through a variety of efforts.

 Terrorism Risk Remains a Threat to the Homeland and Real Estate

  • According to DHS, the U.S. continues to face one of the most challenging threat environments since 9/11, as foreign terrorist organizations exploit the Internet to inspire, enable, or direct individuals already here in the homeland to commit terrorist acts.
  • Since 9/11, there have been at least 73 terrorist plots against the homeland throughout the nation. These are occurring with increasing frequency: 22 successful or interrupted terrorist plots since 2015. Of the 73 plots, at least 49 could be considered homegrown terror plots.
  • The Roundtable's HSTF continues to work with DHS and the Federal Bureau of Investigation (FBI) to provide guidance, coordinate security measures and share relevant threat information with real estate stakeholders and the broader commercial facilities sector. 
  • With the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) scheduled to sunset on Dec. 31, 2020, the Roundtable is focused on developing an effective, long-term approach for a federal terrorism risk insurance program.
  • Such a long-term program should enable policyholders to secure the terrorism risk coverage they need without facing periodic renewals by the federal government.

Natural Catastrophe Risk

  • Natural disasters cost the U.S. a record $306 billion last year. With three devastating hurricanes, extreme wildfires, hail, flooding, tornadoes and drought, the U.S. tallied a record high bill last year for weather-related disasters. They also could amount to one of the most expensive years ever for insurers.
  • Yet, only a portion of the losses will be covered by insurance, as many were uninsured. Many millions have already been dramatically affected and they have incurred costs of one sort or another.
  • Meanwhile, we continue to work with Congress to improve and reauthorize the National Flood Insurance Program (NFIP).  Originally scheduled to sunset on Sept. 30, 2017, the program was temporarily extended as part of a continuing resolution that funds the government until Jan. 19, 2018. [Please see Credit and Capital section for more information on NFIP.]
  • The RE-ISAC team worked to help disseminate threat information, providing actionable data on the path of the storms and on evacuation activities. We also aided coordination of recovery operations and resources.

 

Cyber Risks For Real Estate

  • Real estate faces a growing number of cyberattacks - particularly for retail, hospitality and multifamily.
  • Thanks to the work of the HSTF and RE-ISAC, real estate firms are learning more about threats for the cyber environment and implementing appropriate security measures to prevent and mitigate cyber intrusions.
  • The RE-ISAC team maintains access and on-site presence within the National Cybersecurity and Communications Integration Center (NCCIC) in order to effectively conduct joint analytical activities, and to coordinate cybersecurity analysis and collaborative activities.
  • Through a Cooperative Research and Development Agreement with DHS's National Protection and Programs Directorate, the RE-ISAC engages in operational efforts to better coordinate activities supporting the detection, prevention, and mitigation of cybersecurity, communications reliability, and related data threats to critical infrastructure.

 

Homeland Security Task Force

  • The Homeland Security Task Force (HSTF)  is focused on enhancing the commercial facilities sector's ability to meet its current and future security-related challenges by analyzing threats, sharing information and fostering resilience through a broad threat matrix of physical and cyber risks. 
  • The HSTF meets regularly and coordinates briefings with representatives from the Office of the Director of National Intelligence (ODNI), the Federal Bureau of Investigation (FBI), the Department of Homeland Security (DHS) and other state and local agencies to discuss potential threats to the sector and to enhance risk mitigation.  Our work also continues with the DHS' Commercial Facility Sector Coordinating Council.
  • In addition to working with relevant law enforcement and intelligence agencies, the HSTF is working to find new sources and methods to secure high-profile commercial facility sector assets and improve their emergency preparedness.
  • Special sessions of our Homeland Security Task Force (HSTF) have been held recently in the FBI's Strategic Information and Operations Center (SIOC),  at the World Trade Center in New York and the New York Field Office of the FBI.  The HSTF works with many of the key leaders in the nation's fight against terrorism.
  • Additionally, the HSTF oversees the work of the Real Estate Information Sharing and Analysis Center (RE-ISAC) - www.reisac.org - a public-private partnership between the U.S. commercial facilities sector and federal homeland security officials started by the Roundtable in 2003.

 

Information Sharing and Critical Infrastructure: Real Estate Information Sharing and Analysis Center (RE-ISAC)

  • The Real Estate Information Sharing and Analysis Center (RE-ISAC) - www.reisac.org - is a public-private partnership between the U.S. commercial facilities sector and federal homeland security officials organized by The Real Estate Roundtable in February 2003.  Information sharing - in a systematic and sustained manner - continues to be one of the most effective weapons in protecting the nation's critical infrastructure.  
  • The RE-ISAC serves as the primary conduit of terrorism, cyber and natural hazard warning and response information between the government and the commercial facilities sector. The RE-ISAC proactively manages risk and strengthens the security and resilience of the U.S. commercial facilities sector infrastructure to aid protection and prevention.
  • The RE-ISAC operates in full compliance with Presidential Policy Directive 21, "Critical Infrastructure Security and Resilience" (12 February 2013), which mandates that the public and private sectors share information about physical and cyber security threats and vulnerabilities to help protect the U.S. critical infrastructure. The RE-ISAC includes the entire commercial facilities sector critical infrastructure (CI) component of the US economy.   
  • RE-ISAC members include the principal owners, investors and mangers of commercial facilities in the U.S. and is supported by nine organizations.
  • The RE-ISAC is part of the National Council of ISACs - whose mission is to advance the physical and cyber security of the critical infrastructures of North America by establishing and maintaining a framework for valuable interaction between and among the ISACs and with government.

This year the Homeland Security Task Force (HSTF) is chaired by Chris Woiwode (Macerich) and vice-chairs are Dan Kennedy (Westfield Corporation) and Kimberly Shea (Brookfield Properties - Office Division).   For additional information on homeland security issues, please contact Clifton "Chip" Rodgers, Jr., Senior Vice President, The Real Estate Roundtable at (202) 639-8400.

 
 

 


 

 imgAdFoundation      CBCommunities_footer_image        imgAdRealEstate  

© Copyright 2018. All Rights Reserved.
The Real Estate Roundtable, Market Square West, 801 Pennsylvania Ave, NW Suite 720, Washington, DC 20004
Tel: 202.639.8400      Fax: 202.639.8442     info@rer.org | Privacy Policy