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Pulling this thread: say the government regulates it - what do they require? Regulations that say you need to be secure enough to not be hacked? That requiremen
by mlac 5y ago
Pulling this thread: say the government regulates it - what do they require? Regulations that say you need to be secure enough to not be hacked? That requirement changes daily.
Baseline security standards? Sure. But what is the baseline? And how influenced by lobbyists is that baseline? You know the big security companies would love to have their product be a government requirement. Attackers do not have regulations. They know the regulations and work around them. Makes it more difficult, but eventually they develop new attacks.
So now you’ve got this government body making regulations that needs people who understand security to make the regulations, who then need some way to audit the companies to ensure compliance. The companies then have to focus on the audits and not on emerging threats, or do both, and it increases overhead.
I’m not against government regulations when it is a good fit, but there are a lot of unintended consequences. The government is made up of people, too, and they may not be as close to the work to understand the optimal allocation of resources to minimize security risk.
- throwaway3699 5y agoIT can't be looked at as a cost center anymore. The constant pressure of cost reduction is what causes these failures to happen in the first place, because nobody running the infrastructure really cares. If something goes wrong, they're out of a job anyway.
- throwaway2037 5y agoThis is an interesting point. If the relentless drive to reduce cost in IT is the root cause of so many corporate computer security issues, why isn't corporate accounting (which is covered in the US by near-draconian Sarbanes-Oxley rules) not similarly affected? I point to regulations. Further, would the same be true of giant pharma companies that create drugs that we ingest? ("Oh, skip those tests. If a few people get injured, we'll pay hush money.") Why don't we see it? Simple: Incredibly strong regulations in US/EU/Japan (the "big three" for global drug regulation & approval).
- throwaway2037 5y agoMoney laundering is a similarly difficult problem. Most of the rules are written in a "spirit" manner, instead of a "prescriptive" manner. With AML (anti-money laundering), you often hear the term "red flags". They are signs, but not a source of absolute truth. I could foresee something like AML in the form of corporate computer security coming soon. In the same way that Sarbanes-Oxley forever changed corporate accounting after the Worldcom and Enron accounting scandals of early 2000s (top execs now need to sign-off on yearly account) -- imagine if top execs need to sign-off on corporate computer security. As I see it, CTO-cum-head-of-security will soon be signing yearly audit documents in blood. And the trick to making AML regulations effective is massive fines -- fines so large that they genuinely affect quarterly earnings and stock prices. The same could be done with corporate computer security regulations.
- vngzs 5y agoThe government already has baseline security standards that are created and published by the government, not private entities. NIST 800-53[0] is a good example of this, and it generally applies to critical infrastructure providers: Regulations should not adopt a private company's baseline security standard; we should lean on the work NIST has already done and standards that already apply to (mostly defense) critical infrastructure. [0]: https://nvlpubs.nist.gov/nistpubs/SpecialPublications/NIST.SP.800-53r5.pdf https://nvlpubs.nist.gov/nistpubs/SpecialPublications/NIST.S...
- mcguire 5y agoI'm not against government regulations when it is a good fit, either, but as long as it's cheaper to pay the ransom, the companies have incentives not to do anything about the threats. Industrial civilization has been dealing with these kinds of tradeoffs for what, a couple hundred years now? Regulations seem to be the best option out there.