Bank Systems & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

News

10:05 AM
Wyatt Kash, InformationWeek Government
Wyatt Kash, InformationWeek Government
News
Connect Directly
RSS
E-Mail
50%
50%

Why Businesses Can’t Ignore US Cybersecurity Framework

Industry leaders and President Obama call the framework just a first step in creating a cybersecurity playbook for 16 US critical infrastructure sectors. But this is more than just a reference manual.

The Obama administration's new voluntary Cybersecurity Framework for critical infrastructure providers, announced Feb. 12, won't please everyone. But it does bring together for the first time a useful set of federally endorsed practices for private sector security. It also represents a welcome reprieve from the frosty government-industry relationship on matters of cybersecurity preparedness.

Industry leaders as well as President Obama were quick to acknowledge that the framework is just a first step in creating a cybersecurity playbook for the nation's 16 critical infrastructure sectors, including financial services, communications, and energy providers. It establishes an important precedent not only by defining common security standards, but also by offering carrots to the private sector rather than wielding a regulatory stick. The framework also serves notice to a gridlocked Congress that the White House can give traction to issues of national importance. Read the Rest of the Story on InformationWeek Government.

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.