But the White House stops short of calling for mandatory
cybersecurity standards for the private sector.
Not exact matches
For its part, Congress is currently debating competing
cybersecurity bills which would set nationwide data security and patient notification
standards following a data breach.
For now, the new rules are limited to specific defense contractors, but it may not be long before the government implements more regulations on all federal contractors as it pushes for companies to adopt higher security standards, cybersecurity experts sa
For now, the new rules are limited to specific defense contractors, but it may not be long before the government implements more regulations on all federal contractors as it pushes
for companies to adopt higher security standards, cybersecurity experts sa
for companies to adopt higher security
standards,
cybersecurity experts said.
As it stands, there is no financial sector leader in
cybersecurity, and the NYFDS should be lauded
for setting the
standard.
The New York Department of Finance sets a strong
standard for what might constitute a life - changing problem
for people whose information is involved in a
cybersecurity breach (according to the new legislation the only two pieces of leak - able information that are still exempt: age and gender) as well as a company's ability to survive.
Application Security The
cybersecurity program must include written procedures, guidelines and
standards designed to ensure the use of secure development practices
for in - house developed applications used by the company, and procedures
for assessing and testing the security of all externally developed applications.
Its guidance and
standards,
for instance, cover everything from proportionality in discovery to
cybersecurity best practices when handling sensitive data.
The licensing enforces certain operational requirements
for the exchanges, including high
standards for cybersecurity, the segregation of customer accounts and the verification of customer identities.
«I would consider the same
standards of safeguards
for a Bitcoin wallet as I would
for a mobile banking app,» said Jared Nishikawa, director of immersive programs at SecureSet, a Denver - based
cybersecurity academy.
CFTC Commissioner Brian Quintenz — who last month encouraged exchanges and other market players to embrace self - regulation and adopt
standards for cybersecurity, insider trading, and ethical codes of conduct — praised Gemini's proposal in a statement posted on the CFTC website.