Cybersecurity and the Internet Economy

Posted by samzenpus on Wednesday June 8, 2011 @08:10AM from the please-change-your-password dept.

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.'"

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Good 4 consumers, AND business! by Anonymous Coward · 2011-06-08 08:17 · Score: 2, Interesting

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