Cyber Security Regulations
Alarmingly, the quantity of people becoming affected cyber security attacks is increasing. According to a research by Panda Software in 2006, 1 out of 5 email messages that corporate servers take in are spam and 1 out of 20 is contaminated with malware. Consumer Reports published a report in 2006 demonstrating that United States consumers would spend $7.8 billion over the last two years for computer repairs and replacements because of security attacks from malware and viruses.
Security attacks like these, not only costs an individual for repairs, but businesses, and organizations as well as the national economy could suffer losses. In 2005, cyber crime led to a loss of a whopping $130.1 million, all because of viruses, unauthorized access to computer systems and personal and financial data theft.
There are many measures that should be accepted by the government to help resolve cyber crimes and attacks. In the United States, there are different legislations in the executive and Congress level that are intended to protect computer systems and other medium of information technology. This is called cyber security regulations.
Cyber security regulations is to be sure that companies and private institutions would be using or protecting their systems from any cyber attacks like viruses, worms, phishing, denial of service and unauthorized access.
The United States Chamber of Commerce said that there are about 64 % of small businesses that are receiving protection for their systems to protect their customer’s fiscal information. While there are nearly 72 % of businesses conveyed concern about security of the company’s assets and information.
In the United States, there are cyber security regulations, for both federal and state governments. For federal government cyber security regulations, they focus mainly on particular industries and fields, healthcare, organizations, financial institutions and agencies that work with systems and information. Regrettably, this regulation don't reach and cover computer related industries like Internet Service Providers (ISP).
Additional to this, the federal government is also attempting to conclude issues of cyber security breach by apportioning more funds in research and programs directed to research better solutions and recommendations for improving cyber security. The government is collaborating with members of the private sector.
Meanwhile, states are forming their own methods of dealing with security attacks. An example is the regulation passed by the California State in 2003 called Notice of Security Breach Act. Different states have followed the example of California and made their own anti-breach regulations and standard procedure.
There has been an in progress debate about cyber security regulation. There are people who comments that creating a regulation is not the answer and not enough, what is needed is better defenses against hackers, viruses and similar threats. The regulation is said to restrict industries to develop programs and software that would advance cyber security. Aside form this, businesses also fears that having the regulation will cut back their healthy profits since they'd meet more limitations and would cost them more.
But despite regulations and software that could protect your computer and systems, still the best way to advance cyber security is keeping any attacks from happening in the first place. There are easy tips that could be followed to avoid cyber attacks from happening. SJA
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