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White House Tackling the Economics of Cybersecurity

GovTechGuy writes "White House Cybersecurity czar Howard Schmidt will be hosting a meeting Wednesday with the Secretaries of DHS and Commerce in which he is expected to discuss the administration's new attempt to change the economic incentives surrounding cybersecurity. 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."

2 of 47 comments (clear)

  1. Right by chris+mazuc · · Score: 4, Insightful

    Anything with the word cyber in it is automatically bullshit as far as I'm concerned, so lets dig a little deeper. Who is coming to this meeting?

    Among those invited is Larry Clinton, president of the Internet Security Alliance, which represents a range of critical private security industries concerned about cybersecurity.

    Ah, the Internet Security Alliance. And who do they represent? No major software or hardware companies are listed. (Symantec doesn't count) Funny enough, I see companies like Raytheon, Boeing, and Lockheed Martin. I'm just speculating (you know, this being /. and all), but something tells me the good ol' boys of the defense industry are trying to get another gravy train started up here.

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    E pluribus unum
  2. Re:fix the banks by shentino · · Score: 4, Insightful

    ZOMG MARK OF THE BEAST MARK OF THE BEAST!!!1!!

    Seriously, do you know how many tin foil hatters would scream bloody murder if the government even tried something like that?