An Agnostic View on Cybersecurity

The Federal Trade Commission (FTC) has taken an agnostic view towards cyber security as of late. The FTC’s chairwoman Edith Ramirez has called for a “culture of security” whereby she encourages companies and start-ups to make the appropriate investment for security when they first conceive a product. However, there is a distinct disconnect between the FTC’s desired intentions and their pursuing of companies for inadequate security. The FTC has set up few clear standards on cyber defense construction and management for companies to follow in the first place. The FTC’s alternative is to “encourage companies to share best practices at a series of forums across the country” to stay one step ahead of hackers. Their urging start-ups and other companies to invest in cyber security is another example of the uncertainty of the commission’s cyber security policing down the road. Head over to the Financial Times to read more on this topic.