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September 04, 2015 11:45 AM ET

Professional Services

Company Overview of RAND Corporation

Company Overview

RAND Corporation is a research organization that develops solutions to public policy challenges. It focuses in the areas of children and families, education and arts, energy and environment, health and health care, infrastructure and transportation, international affairs, law and business, national security, population and aging, public safety, science and technology, and terrorism and homeland security. The company also operates a graduate school that offers the public policy Ph.D. program. It serves government agencies, foundations, and firms in public, philanthropic, and private sectors in the United States and internationally. The company was founded in 1946 and is headquartered in Santa...

1776 Main Street

PO Box 2138

Santa Monica, CA 90407-2138

United States

Founded in 1946

Phone:

310-393-0411

Fax:

310-393-4818

Key Executives for RAND Corporation

Chief Executive Officer, President and Trustee
Age: 62
Chief Financial Officer and Senior Vice President
Vice President, General Counsel, Ethics & Compliance Officer and Corporate Secretary
Senior Vice President of Research and Analysis
Vice President of Human Resources
Compensation as of Fiscal Year 2015.

RAND Corporation Key Developments

Juniper Networks, Inc. Signs Partnership with the RAND Corporation

Juniper Networks in partnership with the RAND Corporation, unveiled new insights into the economic challenges, trade-offs and demands facing companies as they protect themselves against increasingly complex security threats. The in-depth report by leading economic and cybersecurity experts at RAND found chief information security officers (CISOs) often face a chaotic and confusing landscape when deciding the most efficient and cost-effective way to manage the risks posed by security to their business. Most troubling, the research indicates that many companies are spending increasing amounts on cybersecurity tools, but are not confident that these investments are making their infrastructure secure. Juniper Networks believes this dynamic is due to a lack of solid calculus that considers both the cost of security tools and resources, and the potential cost of a breach, which by definition is neither certain nor predictable. CISOs need a way to better understand the variables that most influence the cost of managing cybersecurity risk holistically and the different decisions they can make to protect their organizations. With RAND’s model projecting the cost to businesses in managing cybersecurity risk set to increase 38% over the next 10 years, Juniper believes that the time is now for organizations to start managing security spending and risk management as a discrete business function.

Rand Corp. Appoints Chuck Hagel to the Board of Trustees

Rand Corp. announced that Chuck Hagel, a former secretary of defense and U.S. senator, has been elected to the board of trustees of the company. Hagel represented Nebraska in the U.S. Senate from 1997 to 2009 and was secretary of defense from February 2013 to February 2015. He also has served as deputy administrator of the Department of Veterans Affairs and president and chief executive officer of the World USO.

Rand Corp. Wins $1.94 Million Federal Contract for RAND NDRI FFRDC P00045

Washington Headquarters Services (Other Defense Agencies), WHS, Acquisition Directorate, has awarded a $1.94 million federal contract on Dec. 23 for RAND NDRI FFRDC P00045. to RAND Corp.

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