New Report on Cybersecurity

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Last week the US Department of Commerce released a report entitled “Cybersecurity, Innovation and the Internet Economy.” This report appeared after the range of Internet security policy recommendations developed by the Obama administration.

The document emphasizes the importance of the companies providing online services for the development of the economy. Gary Locke, Secretary of Commerce, claimed that their "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."

The paper offers ways to strengthen security for companies that do the major part of their businesses on the Internet, like social networks, providers of online services and cloud computing firms. Such companies are included in the “Internet and Information Innovation Sector” (I3S).

To reinforce internet security and reach a high level of web anonymity and online privacy protection, the report gives some recommendations. First of all it is important to implement voluntary codes of conduct to eliminate security vulnerabilities. For example, for better protection companies may start using automated security or Domain Name System Security (DNSSEC) protocols. Moreover, it is of crucial importance to enhance international exchange of cybersecurity best practices and develop incentives for the companies to succeed in this sphere.

Use the following link to read the report: http://www.nist.gov/itl/upload/Cybersecurity_Green-Paper_FinalVersion.pdf.


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