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Administration tackling economics of cybersecurity

GovTechGuy (1267056) writes | about 4 years ago

Businesses 0

GovTechGuy (1267056) writes "White House Cyber czar Howard Schmidt is hosting a meeting Wednesday with the Secretaries of DHS and Commerce where he is expected to discuss the administration's new attempt to change the economic incentives surrounding cybersecurity. Basically right now launching attacks on private companies is so cheap and relatively risk-free that there's almost no way that industry can win. The White House could be considering things like tax incentives, liability and insurance breaks and other steps to try and get companies to invest in protecting their networks. It's also likely to dovetail with a step up in enforcement, so hackers be wary."
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