Cybersecurity Laws Expected Soon
Cybersecurity Laws Expected Soon..
Businesses will get legal guidelines this year on how to secure their pieces of cyberspace, but lawmakers aren't giving details yet.Forthcoming cybersecurity legislation will be "meaningful regulatory approach to securing private-sector critical infrastructure" says Representative Adam Putnam (R-Florida), who chairs a Congressional subcommittee dealing with cybersecurity.
Because many members of Congress don't seem to recognize the potential threat of cyber attacks, the law Putnam has in mind will not be as wide-ranging as the Sarbanes-Oxley Act of 2002, which governs accounting procedures at public companies.
There are a couple of areas where the subcommittee will be drafting bills towards the end of this year that would impact the private sector. It's hoped that the process begins before a major catastrophe. Businesses would like to be on the front side of that.
Caution Urged Right now, it's difficult to say what that cybersecurity legislation will look like; who chairs the House Government Reform Committee's Subcommittee on Technology, Information Policy, Intergovernmental Relations, and the Census.
Comments came in response to a question from the vice president of government affairs for security vendor Entrust Technologies. Burton cited Sarbanes-Oxley and the Health Insurance Portability and Accountability Act (HIPAA) of 1996 as examples of a "creeping aggregation of regulations."
Congress can't take a "knee-jerk, let's legislate" approach to cybersecurity. Many people in Congress and in the public don't realize how many pieces of the World's critical infrastructure are controlled through networked technology. An example: the flood-control gates on the Mississippi River or the power grids that serve stock markets.
Something has to be put out there that makes sense, that's balanced, that accomplishes the same goals, without it being this headlong rush to prove that we're doing something for our constituents because we were asleep at the switch when there was this digital Pearl Harbor.
Hopefully, this will bring clarity to regulations on businesses. Regulations are here at this point; people are just trying to understand what they mean.
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