The massive data breach at Sony Pictures Entertainment may well turn out to be a tipping point in the adoption by corporate boards and officers of strong cyber threat prevention, detection and remediation practices.
US competition agencies say they have clarified that antitrust is, not “a roadblock to legitimate cybersecurity information sharing,” but the real story is that the risk of antitrust exposure for exchange of cyber risk information, even among direct competitors, was and remains almost non-existent.
So much media attention was paid to the spectacular collapse of U.S. Senate deliberations on a cybersecurity bill in August — and the Obama Administration’s controversial move to fashion an Executive Order on the subject — that few if anyone focused on the biggest change affecting the data protection landscape.
The ambiguities inherent in the often-amended Computer Fraud & Abuse Act are growing as aggressive litigants vie for competing interpretations.
So cybersecurity risks are increasing. Wow, what a surprise!