Concept

Cyber-security regulation

A cybersecurity regulation comprises directives that safeguard information technology and computer systems with the purpose of forcing companies and organizations to protect their systems and information from cyberattacks like viruses, worms, Trojan horses, phishing, denial of service (DOS) attacks, unauthorized access (stealing intellectual property or confidential information) and control system attacks. There are numerous measures available to prevent cyberattacks. Cybersecurity measures include firewalls, anti-virus software, intrusion detection and prevention systems, encryption, and login passwords. There have been attempts to improve cybersecurity through regulation and collaborative efforts between the government and the private sector to encourage voluntary improvements to cybersecurity. Industry regulators, including banking regulators, have taken notice of the risk from cybersecurity and have either begun or planned to begin to include cybersecurity as an aspect of regulatory examinations. In 2011 the DoD released a guidance called the Department of Defense Strategy for Operating in Cyberspace which articulated five goals: to treat cyberspace as an operational domain, to employ new defensive concepts to protect DoD networks and systems, to partner with other agencies and the private sector in pursuit of a "whole-of-government cybersecurity Strategy", to work with international allies in support of collective cybersecurity and to support the development of a cyber workforce capable of rapid technological innovation. A March 2011 GAO report "identified protecting the federal government's information systems and the nation's cyber critical infrastructure as a governmentwide high-risk area" noting that federal information security had been designated a high-risk area since 1997. As of 2003 systems protecting critical infrastructure, called cyber critical infrastructure protection of cyber CIP has also been included. In November 2013, the DoD put forward the new cybersecurity rule (78 Fed. Reg.

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