Social media is a great tool for reaching out to and connecting with like-minded professionals in the compliance space. However, between the speed of business and healthy doses of incoming work, it's tough to babysit a Facebook profile or a Google Plus stream, and you always feel like you miss the best tweets. We get that. That's why we're mining our list of GRC literati for their nuggets of insight, wisdom and the occasional chuckle.
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In the wake of the National Security Agency/Edward Snowden scandal, world leaders are examining ways to prevent cyberattacks -- especially those stemming from abroad. In the past week, the European Union approved a directive that toughens penalties for people convicted of cybercrime, and India announced measures that greatly expand the country's national cyberprotection plan. This was all while top Chinese and U.S. leaders met at the annual U.S.-China Strategic and Economic Dialogue in Washington, D.C. this week, where cybersecurity regulation was a major topic.
As discussions between U.S. and Chinese officials continued, reports surfaced that the cybersecurity-related talks were being undercut by both nations' recent mutual surveillance activities:
Differences on Cybertheft Complicate China Talks http://t.co/2WR7rnYq9d— The New York Times (@nytimes) July 11, 2013
As the week progressed, it was reported that cybersecurity regulation talks between U.S. and China were going well. Some, however, expressed skepticism about the agreement:
US-China promise increased cyber-security cooperation http://t.co/dJwymawYjD <- But both will continue high level of spying on each other— David Gilbert (@daithaigilbert) July 11, 2013
No surprises here: China says Snowden leaks reveal U.S. hypocrisy on cyber security issues. http://t.co/q1Ok5AF3Xn— Aaron Friedberg (@AaronFriedberg) July 11, 2013
The European Union got in on the cybersecurity regulation act as well this past week:
But, as with the U.S.-China talks, many have already asserted that the E.U.'s cybersecurity regulations don't go far enough. Because the E.U.'s biggest concern is cyberthreats from abroad, strict national cybersecurity regulation does no good, critics said.
European Union makes frail move to stem cyber attacks http://t.co/nvkm1reXGy— LA Times Tech Now (@latimestech) July 5, 2013
Tougher EU penalties for cyber crime are not enough: http://t.co/wELhtQ3o3j— ComputerWeekly (@ComputerWeekly) July 5, 2013
In India this week, moves to improve national cyberprotection are largely a response to a huge increase in cybercrime, especially finance-related offenses:
India's cyberplan, of course, is receiving its share of criticism as well. This time, however, critics aren't concerned that the efforts don't go far enough -- rather, they say the cyberprotection moves could infringe upon civil rights:
National Cyber Security Policy Of India Has Failed To Protect Privacy Rights In India- http://t.co/mtfF8a5HHa— Praveen Dalal (@Praveen_Dalal) July 11, 2013
The National Cyber Security Policy of India classifies hactivism [sic] as a cyber threat. Is that how the govt looks at street protests?— Shehla Rashid (@ShehlaRashid) July 11, 2013
What do you think of the recent worldwide focus on cybersecurity regulation? Voice your concerns in the comments section. We'd love to hear from you.