Finance
The US administration of Joe Biden and Kamala Harris has issued a new cybersecurity strategy that places the onus on Big Tech companies to prevent cyber attacks.
The National Cybersecurity Strategy stressed rebalancing the responsibility to defend cyberspace by “shifting the burden for cybersecurity away from individuals, small businesses, and local governments, and onto the organisations that are most capable and best-positioned to reduce risks for all of us”.
China was also singled out as “the broadest, most active, and most persistent threat to both government and private sector networks,” according to the strategy.
The strategy said that we must realign incentives to favour long-term investments by “striking a careful balance between defending ourselves against urgent threats today and simultaneously strategically planning for and investing in a resilient future”.
It said that while using all instruments of national power, “we will make malicious cyber actors incapable of threatening the national security or public safety of the United States” and address ransomware threats through a comprehensive Federal approach and in “lockstep with our international partners”.
To “make our digital ecosystem more trustworthy,” the country will assign responsibility to those within its digital ecosystem who are best positioned to reduce risk and shift the consequences of poor cybersecurity away from the most vulnerable.
The United States has recently experienced several nation-state cyber attacks on its industry and government institutions, particularly from bad actors backed by China.
“The United States seeks a world in which responsible state behavior in cyberspace is expected and reinforced, and irresponsible behavior is isolating and costly,” the US says.
Source:OCN
