WASHINGTON, D.C. – Today, New America’s Cybersecurity Initiative released a policy report outlining the steps that Congress could take to help improve the United States’ cybersecurity posture and catalyze a better marketplace for cyber insurance coverage. Cybersecurity Fellow, Shareholder at Greenberg Traurig, LLP, and author of the report, says that, “Security issues stemming from connectivity are not diminishing, but security spending in the private sector has not kept pace with the rising costs. For years, Congress has contemplated passing bills that would increase America’s cybersecurity for multiple sessions, but this year they have an opportunity to pass a bill that would strengthen the nation’s cybersecurity.”
The report examines the current cyber-legislation proposed or discussed in the 114th Congress, then proposes an alternative approach focused on fostering a better cybersecurity insurance marketplace, which would support market driven cyber hygiene.
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Read the full report here.