About Us

SCRAM was built by a cross-disciplinary team at MIT to run secure and private computations.
In 2015 and 2016, MIT held a series of sector-specific workshops focused on protecting critical infrastructure led by Joel Brenner (report). The workshops included presentations by CISOs from four distinct economic sectors (electricity, oil and gas, finance, and communications) who discussed the challenges they faced securing and defending their networks. A common theme began to emerge across all four sector-specific meetings. The CISOs stated that deploying security controls was akin to “investing in the dark,” because they lacked the necessary illumination into the defensive postures and related losses of other firms that would only be available if firms shared information. Despite this, the CISOs of these firms were also reluctant to share information because of the sensitive nature of their own data.

It was clear that addressing the problem would require a multidisciplinary team to design a solution. We brought together specialists in financial risk, cryptography, and computer security from across MIT to design and build a new platform using cutting-edge cryptographic techniques that could be used to securely and privately calculate aggregated metrics on cyber defenses and loss data, without requiring firms to disclose their own data. This new SCRAM platform provides clarity and visibility on how firms as a whole defend themselves, as well as improves the understanding of the relationship between control failures and financial losses.

Cyber Risk Team

Andrew Lo Portrait

Andrew Lo

Charles E. and Susan T. Harris Professor of Finance, and the Director of the Laboratory for Financial Engineering

Taylor Reynolds Portrait

Taylor Reynolds

Technology Policy Director - Internet Policy Research Initiative

Vinod Vaikuntanathan Portrait

Vinod Vaikuntanathan

Steven and Renee Finn Career Development Assistant Professor of Computer Science

Daniel Weitzner Portrait

Daniel Weitzner

Founding Director, MIT Internet Policy Research Initiative (IPRI)

Sarah Scheffler Portrait

Sarah Scheffler

MIT Postdoc

Lisa Baer Portrait

Lisa Baer

MIT Masters Student

Leo de Castro Portrait

Leo de Castro

MIT PhD Student

Chelsea Conard Portrait

Chelsea Conard

Graduate Student at MIT

Joseph Kim Portrait

Joseph Kim

MIT Masters Student, Staff AI Scientist at Invitae

Nicola Lawford Portrait

Nicola Lawford

MIT Masters Student, Technology & Policy

David Magrefty Portrait

David Magrefty

MIT Masters Student

Angelina Wu Portrait

Angelina Wu

MIT Undergraduate Student

Alumni Damien Lewke Portrait

Damien Lewke

Director of Product Management @ Arctic Wolf

Alumni Eric Pence Portrait

Eric Pence

Business Analyst, McKinsey & Company

Alumni Rebecca Spiewak Portrait

Rebecca Spiewak

Cybersecurity & Privacy Product Manager @ Palo Alto Networks

Alumni Francisca Susan Portrait

Francisca Susan

PhD Student, Operations Research Center at MIT

Alumni Nicolas Xuan-Yi Zhang Portrait

Nicolas Xuan-Yi Zhang

ICTs for Economic Design & Analysis @ IMF (ex MIT LEAD, JP Morgan Onyx, Cardabel)