Tuesday, December 16, 2014

Legislation to Facilitate Cybersecurity Information Sharing: Economic Analysis

"Data breaches, such as those at Target, Home Depot, Neiman Marcus, and JPMorgan Chase,
affecting financial records of tens of millions of households seem to occur regularly. Companies
typically respond by trying to increase their cybersecurity by hiring consultants and purchasing
new hardware and software. Policy analysts have suggested that sharing information about these
breaches could be an effective and inexpensive part of improving cybersecurity. Firms share
information directly on an ad hoc basis and through private-sector, nonprofit organizations such
as Information Sharing and Analysis Centers (ISACs) that can analyze and disseminate
information..."
Cybersecurity

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