Risk
3/9/2011
01:53 PM
Connect Directly
RSS
E-Mail
50%
50%

Trade Groups Push Cybersecurity Carrots, Not Sticks

Coalition says financial rewards would be more effective than laws in encouraging private-sector companies to upgrade their IT security.

Inside DHS' Classified Cyber-Coordination Headquarters
(click image for larger view)
Slideshow: Inside DHS' Classified Cyber-Coordination Headquarters

The Obama administration should use financial incentives to encourage private companies to improve cybersecurity and create standards, a coalition of industry groups and the U.S. Chamber of Commerce has recommended.

In a paper published this week, the Business Software Alliance, the Center for Democracy and Technology, the Internet Security Alliance, TechAmerica, and the U.S. Chamber of Commerce commend the federal government for work that's already been done based on Obama's Cyberspace Policy Review. That document, published in May 2009, made 24 cybersecurity policy recommendations for the federal government to implement.

The group made a host of recommendations to improve the partnership, urged by the review, between the federal government and private companies, one of which is to provide more financial motivation for private-sector companies to upgrade their cybersecurity.

"The... finding that cost and complexity, not lack of ability or commitment, are the largest problems in implementing effective cyber solutions has also been confirmed by multiple independent studies," according to the paper. "This research shows that although many enterprises are investing heavily in cybersecurity, many others, largely due to the economic downturn, are reducing their cybersecurity investments."

This is why regulation alone won't improve how businesses implement cybsecurity, the coalition said. The administration should use "a menu of market incentives" as well to encourage businesses to create cybersecurity standards.

Any incentives created, however, must strike a balance of being "powerful enough to affect behavior without being so burdensome as to curtail U.S. investment, innovation, and job creation," according to the paper.

The coalition makes recommendations in seven areas of cybersecurity: risk management; information management; information sharing and privacy; international engagement; supply chain security; innovation and research and development; and education and awareness.

Incentives are recommended as part of its risk-management recommendations, which also include the use and further development of international standards to promote cybersecurity and to recognize the different roles and responsibilities industries play in risk management.

The coalition is not the only entity to be critical of the administration's Cyberspace Policy Review. A report by the Government Accountability Office (GAO) released in October found that while the feds are making progress in implementing the cybersecurity policy recommendations made by the review, they must better define agency roles and responsibilities and establish firmer implementation schedules.

Comment  | 
Print  | 
More Insights
Register for Dark Reading Newsletters
White Papers
Flash Poll
Current Issue
Cartoon
Video
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2014-2963
Published: 2014-07-10
Multiple cross-site scripting (XSS) vulnerabilities in group/control_panel/manage in Liferay Portal 6.1.2 CE GA3, 6.1.X EE, and 6.2.X EE allow remote attackers to inject arbitrary web script or HTML via the (1) _2_firstName, (2) _2_lastName, or (3) _2_middleName parameter.

CVE-2014-3310
Published: 2014-07-10
The File Transfer feature in WebEx Meetings Client in Cisco WebEx Meetings Server and WebEx Meeting Center does not verify that a requested file was an offered file, which allows remote attackers to read arbitrary files via a modified request, aka Bug IDs CSCup62442 and CSCup58463.

CVE-2014-3311
Published: 2014-07-10
Heap-based buffer overflow in the file-sharing feature in WebEx Meetings Client in Cisco WebEx Meetings Server and WebEx Meeting Center allows remote attackers to execute arbitrary code via crafted data, aka Bug IDs CSCup62463 and CSCup58467.

CVE-2014-3315
Published: 2014-07-10
Cross-site scripting (XSS) vulnerability in viewfilecontents.do in the Dialed Number Analyzer (DNA) component in Cisco Unified Communications Manager allows remote attackers to inject arbitrary web script or HTML via an unspecified parameter, aka Bug ID CSCup76308.

CVE-2014-3316
Published: 2014-07-10
The Multiple Analyzer in the Dialed Number Analyzer (DNA) component in Cisco Unified Communications Manager allows remote authenticated users to bypass intended upload restrictions via a crafted parameter, aka Bug ID CSCup76297.

Best of the Web
Dark Reading Radio
Archived Dark Reading Radio
Marilyn Cohodas and her guests look at the evolving nature of the relationship between CIO and CSO.