With so much internet usage today it comes as no surprise to find there are U.S. cyber security laws in place to ensure businesses protect the public’s private information. Many of these laws force companies and organizations to implement cybersecurity measures to ensure they are protected against cyberattacks, viruses, worms, and much more. It is only through these processes that every bit of private and personal information is safeguarded to protect consumers.
Without these regulations there would be nothing to stop cyber-attacks on computer systems and information technology. This would leave room for a terrible loss for the United States and all of the citizens herein. As of now there are only three federal cybersecurity regulations that mandate healthcare organizations, financial institutions, and federal agencies protect their systems. These regulations are somewhat relaxed and do not offer great security in regards to keeping private information protected. It was actually the rise of great losses from cyber breaches from 2005 to 2016 that really introduced the need for better regulations.
There is a feature that was introduced in 1996 that some routers utilize. This feature known as netflow allows for the collection of IP network traffic as it transitions through an interface. When this information is analyzed the administrator can essentially watch the traffic entering and leaving the router. However, this feature is not a mandated cybersecurity measure for all routers in use today.
There is a need for more cyber protection considering how much personal information is available online. Most people use the internet to access bank accounts, shop online, and monitor very sensitive information daily. This leaves room for unnecessary trouble and stress in our already busy lives. Therefore, new laws and regulations are being considered more these days than in the early years of internet.
For instance, there are now rules for contractors who do business with the government. It has always been the responsibility of businesses to know the applicable state-specific cybersecurity laws. Many of these laws relate to data collection practices and the need to notify customers if data gets compromised. As I stated previously there are new bills being enacted, but they are not yet in effect.
Without these rules the public stands to lose personal information, money, and security. There should always be an air of caution when inputting personal information online. It is also best to know which companies use the most up to date cybersecurity measures to ensure you are protecting yourself the best way possible. After all, with very few rules and regulations you can only hope that the company you are giving your bank account information to is proactive in regards to safeguarding your information.
There is talk about IoT devices in the federal sector, which suggests there could be new laws in the making. When we consider how the IoT usage is used more these days it is a positive note to see rules in regulations in place before it is too late. It is always better to protect our information first hand, rather than learn from unnecessary attacks and malice from outside users. It also seems pertinent to draw very clear lines in regards to fines and punishments if compliance is neglected by companies and organizations. As of now there are many vague understandings in reference to what will happen if a company does not safeguard our private information.
It is evident there are laws meant to protect private information. It is also easy to see that there is a desire to protect consumers and members who trustingly put very sensitive information online. The years to come will illustrate what is necessary for better online protection.