WASHINGTON, June 9, 2011 – The Department of Commerce released its Cybersecurity, Innovation and the Internet Economy green paper on Wednesday, advising cooperation between the government and private sector to implement ways to address cybersecurity issues.
The Internet Policy Taskforce, a department-wide group created in April 2010, wrote the green paper with the goal of addressing the pressing issues surrounding cyber security.
Global online transactions have grown annually and currently account for $10 trillion in global trade. There has also been an increase in malware; between January 2009 and December 2010 the number of malware attacks doubled. In 2010, there were 55,000 new viruses, worms, and spyware threats.
“Our economy depends on the ability of companies to provide trusted, secure services online. As new cybersecurity threats evolve, it’s critical that we develop policies that better protect businesses and their customers to ensure the Internet remains an engine for economic growth,” said Commerce Secretary Gary Locke in a statement.
The green paper suggests that the government should support the creation of national code of conduct to deal with cybersecurity vulnerabilities. The new code of conduct should be created through a public-private collaboration rather than governmental edict. In addition to a code of conduct, the government hopes that industry will develop a set of standards which can be universally adopted.
“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,” said Locke.
To protect consumers and business from the economic damages sustained by cyber-attack, the green paper suggestions the creation of cyber insurance. According to the paper, the market for cyber insurance would range from $450-500 million. Before any cyber insurance product is created however, industry must first determine how best to evaluate the costs of cyber-attacks.
In order to expand knowledge on potential cyber-attacks and vulnerabilities the report recommends the establishment of a National Initiative for Cybersecurity Education that would coordinate and fund research.
In addition to educating the business community about cyber-attacks and threats, the report recommends the addition of cyber protection to current digital literacy programs.
To further knowledge of cyber threats, the green paper recommends that the U.S. expand international collaboration: “The fact that cybersecurity is not defined by national borders and that the United States cannot afford to ignore global consideration…..The importance of engaging with our international partners early and often on matters related to standards development and policies is an essential starting place.”
In order to protect consumers, the report asks Congress to create a law that creates a framework for the notification of customers when electronic records have been breached. This recommendation is very similar to legislation currently proposed by Sen. Patrick Leahy (D-VT), the Personal Data Privacy and Security Act. Leahy’s bill would establish a national standard for the notification to consumers by corporations when data breaches occur.
The full green paper can be found here.
Private Sector Falling Behind on Information Sharing During Cyberattacks, Says Comcast Rep
Comcast’s Noopur Davis says cyber attackers share information better than the private sector.
ASPEN, Colorado, August 23 — In the wake of an influx of ransomware attacks on critical infrastructure and cyberattacks on private carriers, entities across the technology industry are revaluating their strategies and how they share information to prevent such acts.
T-Mobile announced on August 15 that as many as 50 million consumers had their private data compromised during a data breach. Days later, on August 17, as part of Technology Policy Institute’s 2021 Aspen Forum, Noopur Davis, Chief Product and Information Officer at Comcast Cable, sat down for a fireside chat to discuss what the industry was doing to address this event and events like it.
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When Davis was asked how she felt about the current state of cybersecurity, she said it was okay, but that the telecom community at large would have to do more.
She referenced the mean time of comfort—that is, the average duration between the time that a service becomes connected to the internet and when it is targeted by bad actors. While in the early days of the internet cybersecurity experts could expect to have significant mean times of comfort, she stated that this is no longer the case.
“The second you connect [to the internet] you are attacked,” she said.
As soon as a successful breach is recognized, Davis explained that the target companies begin to revaluate their “TTP,” or tactics, techniques, and procedures.
Information sharing is crucial
Though one company may find a remedy to their breach, other companies may remain vulnerable. To combat this, Davis said that it is critical for companies to share information quickly with their counterparts, but she indicated that this is a race that the private sector is currently losing.
“[Attackers] share information better than [the private industry does].”
She went further, revealing that there is now a sophisticated market for malware as a service, where various platforms publish reviews for their products and services and even offer tech support to those struggling to get the most out of their purchases.
Growing market for hacking tools
She pointed to the Colonial Pipeline attack as an example where hackers did not even create the malware themselves—they just purchased it from a provider online. She explained that this marketplace has significantly lowered the barriers of entry and deskilled the activity for would be attackers, and that theoretically anyone could engage in such nefarious acts today.
Though Davis was in favor of collaboration between companies to address these attacks, she made it clear that this would not mean that responses and capabilities would become standardized, and that every company would maintain their own unique strategies to ensure that their services and data remain uncompromised.
DOJ Official Supports Mandatory Breach Reporting
Proposed legislation would make it mandatory for companies to report cyberattacks.
August 2, 2021—An official from the Department of Justice urged members of the Senate judiciary committee last week to proceed with legislation requiring companies to report ransomware attacks to federal agencies.
Richard Downing, deputy assistant attorney general of the criminal division within the department, told the committee studying cybersecurity during a hearing that such mandatory breach reporting legislation would aid in its defense against cyberattacks.
There is currently no federal law requiring such disclosures, but bipartisan Senate legislation co-sponsored by Senator Angus King, I-Maine, would change that. Titled Cyber Incident Notification Act of 2021, the bill was introduced last month.
This legislation would require all contractors, federal agencies, companies, and organizations critical to U.S national security to report all breaches of data to the Department of Homeland Securities’ Cybersecurity and Infrastructure Security Agency (CISA) within 24 hours.
The bill and discussions about it come in light of high-profile cyberattacks that have targeted software company SolarWinds and oil transport company Colonial Pipeline in the last several months. And the discussion isn’t expected to slowdown as more critical infrastructure is hooked up to the internet.
The Last week, the House energy committee approved a series of cyber bills that would improve telecom network security.
Cyber threats becoming more bold
Downing noted that threat actors are becoming bolder and more sophisticated, and that the government must hasten efforts to thwart attacks and stay ahead of such malicious acts.
“Many actors now research their victims—identifying the victim’s net worth, the cost of a business interruption, and even the value of their cyber insurance policy—to extort as much money as possible,” Downing said during the hearing.
House Energy Committee Approves Series of Cyber Bills to Improve Telecom Security
The committee approved five bills dealing with protecting networks and educating the public on cyberattacks.
July 26, 2021—The House Energy and Commerce Committee on Wednesday voted to advance a series of cybersecurity bills.
“These bipartisan bills will educate the public, smaller providers, and small businesses on how best to protect their telecommunications networks and supply chains,” said committee Chairman Frank Pallone Jr., D-New Jersey.
The bills approved in the session includes the Understanding Cybersecurity of Mobile Networks Act, or H.R. 2685, which was introduced by Reps. Anna Eshoo, D-California, and Adam Kinzinger, R-Illinois. That bill would require the National Telecommunications and Information Administration (NTIA) to conduct examination reports on the vulnerability of networks and mobile service devices to cyberattacks.
Other legislation passed in the committee Wednesday deals with the cooperation of enterprises and educational institutions working with federal agencies to promote secure networks and supply chains.
The Information and Communication Technology Strategy Act, or H.R. 4028, was introduced reps. Billy Long, R-Missouri, Abigail Spanberger, D-Virginia, Buddy Carter, R-Georgia, and Jerry McNerney, D-California, and would authorize the Secretary of Commerce to submit a report analyzing the economic competitiveness of vendors within the information and communication technology supply chain.
“I think this bill is critically important to ensure that we are thinking about our supply chain security and do what we can to aid a robust marketplace for com equipment,” said McNerney.
To assure that small telecommunications operators would receive assistance from the federal government, H.R. 4032, the Open RAN Outreach Act, introduced by reps. Colin Allred, D-Texas, Tom O’Halleran, D-Arizona, Brett Guthrie, R-Kentucky, and Richard Hudson, R-North Carolina, directs the NTIA to provide outreach to providers with regard to open radio access networks.
With the future moving toward 6G networks, H.R. 4045 – the Future Uses of Technology Upholding Reliable and Enhanced Networks Act or the FUTURE Networks Act, and introduced by reps. Mike Doyle, D-Pennsylvania, Bill Johnson, R-Ohio, and Lucy McBath, D-Georgia – serves to authorize the FCC to create a task force on this matter.
Members of the task force will comprise representatives from the telecommunications industry, public interest organizations, academic institutions, and federal, state and local governments.
The committee also moved forward the American Cybersecurity Literacy Act, or H.R. 4055, to raise public awareness of cyberattacks. This bill requires the NTIA develop a cyber literacy campaign to educate the public about cybersecurity risks and prevention measures.
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