Cybersecurity and the Internet Economy
Orome1 writes "Global online transactions are currently estimated by industry analysts at $10 trillion annually. As Internet business grows, so has the threat of cybersecurity attacks. The U.S. Department of Commerce today released a report that proposes voluntary codes of conduct to strengthen the cybersecurity of companies that increasingly rely on the Internet to do business, but are not part of the critical infrastructure sector. Commerce Secretary Gary Locke said: 'By increasing the adoption of standards and best practices, we are working with the private sector to promote innovation and business growth, while at the same time better protecting companies and consumers from hackers and cyber theft.'"
And, about time! I can see this working out for businesses that comply, because it's a note of confidence to those that do business w/ said business, and good "P.R. image" too! Sort of like Sarbannes Oxley, &/or ISO standards, but imo, this is more effective (especially for online commerce).
Thoughts?
APK
P.S.=> This could also work out for more IT related employment, for us "geeks/nerds" out there as well... bonus!
... apk
stop saying "cyber"!
Report PDF here.
The FBI also need to beef up their law enforcement efforts, arrest some of these shithead as a "show of force", to act as a deterrence.
Right now there is the impression you can hack whoever the fuck you want with no consequences.
I getting quite sick of all this hacking crap.
So do these industry enacted data security standards actually work? I'm just wondering cause it seems they're enacted as a way to charge customers another useless fee!
Commerce Secretary Gary Locke said: 'By increasing the adoption of standards and best practices, we are working with the private sector to promote innovation and business growth, while at the same time better protecting companies and consumers from [INSERT SUBJECT HERE]'."
10 PRINT CHR$(205.5+RND(1)); : GOTO 10
:sound of PDF viewer window closing:
You system engineers would never allow such simplistic thinking when dealing with the relatively-simple systems you design and build.
In comparison, the complexity of the systems we live within and deal with is enormous. "Best practices" is an ongoing battle, at best. Even simple rules like 'apply the latest security patches' have exceptions, e.g. you probably should apply any patch for a site that uses RSA's authentication until that problem is straightened out.
You can't write a handbook for life, and you can't write meaningful (detailed enough to matter) laws, rules, regulations for dealing with any significant part of life.
This is, at root, a lot of what is wrong with our society these days : we all are forced to lie in order to get anything done, and too many people get in the habit of doing so without much necessity. Trust dies, the cost of everything increases to compensate.
Nobody has proven to me that any gov action does net good, beyond the minimum necessary for civilization. Even that is routinely accomplished by Councils of Elders in Afghanistan.
See subject-line, you assume too much man:
"Sarbanes Oxley compliance != security." - by mlts (1038732) * on Wednesday June 08, @04:34PM (#36379922)
Ahem: I never said SOX was security oriented though... can you show me where I did? I didn't even INFER or IMPLY IT!
(As it's only another form of compliance that SHOULD help things, & I used it as an analogous comparison (not the 'greatest' one, but, there you are))...
ISO was another I utilized, to help "make a point"... that's all!
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"That is if the law is enforced... AFAIK, HIPAA was enforced once." - by mlts (1038732) * on Wednesday June 08, @04:34PM (#36379922)
It was when I worked for a fairly large insurer (clients are WWF etc.), & I had to do all kinds of security-oriented coding (e.g.-> Secure FTP & more for data transfers).
That was back 2005-2007... are you telling me it's being "blown off" nowadays? That's news to me, but I haven't talked to any of my former co-workers there since 2008 or so...
(It was a "bonus point" for that company getting clients in fact by them following HIPAA std.'s (which is "the why" of WHY I noted this can be a good "P.R." thing for businesses to attract clients with!))
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"Voluntary codes won't work. It is actual laws that will make businesses hurt where it counts that will be the only impetus that will make a lot of businesses [1] lock their barn doors." - by mlts (1038732) * on Wednesday June 08, @04:34PM (#36379922)
THAT? That I can agree with... however/again: It's a "plus point" if say, a company can say they are ISO certified, HIPAA compliant, etc./et al!
(Which is the 'why' again, of WHY I stated it as I did!)
APK
P.S.=> I think we're working on the same "wavelength" here though, just some 'crossed-wires' & you assumed I was talking security on SOX, & I wasn't... I just hope this ends up getting more tech people jobs mostly, is all, AND, that it does aid in securing things online etc. too! apk
Interesting definition of voluntary. Once you wade through 22 pages or fluff, you find (in the middle of the page numbered 12):
"These voluntary codes of conduct, developed through multi-stakeholder processes.. Once these codes have been developed to and companies have committed to follow them, relevant law enforcement agencies, such as Federal Trade Commission (FTC) and State Attorneys General, could enforce them, .."
[Next page]
"The FTC's role in challenging both deceptive and unfair acts or practices in the data security area is vital so that companies' voluntary efforts to implement specific cybersecurity best practices are backed by a legal obligation to implement reasonable and appropriate security."
So, you volunteer to obey whatever laws are implemented. Hmm. That sounds like my dad's description of life in the military.
I think the Commerce department wants more laws regulating the internet. But, they want the appearance of accepting input.
Miles
If we didn't have laws punishing hackers, several corporations would have already have gone under and the rest would have adapted to the environment with better protections. Government has made us complacent by suggesting that a legal defense can be along side a physical/practical/technological defense. Most companies still physically secure their accounting database backups in vaults and such but completely miss the point that the servers themselves need to have that kind of security.
"adoption of standards and best practices" or:
let's write better code, put profit on the backburner and stop rushing code out the door. : P
lol voluntary. Yea, that'll work.