The Department of Homeland Security’s SAFETY Act, which incentivizes companies to develop anti-terrorism technologies by reducing their liability in the event of failure, could provide similar incentives in cybersecurity, a panel of experts from Venable LLP said on Wednesday. The National Institute of Technology and Standards (NIST) released a draft of its framework to project critical infrastructure from cyber attacks in August. The government has since grappled with how to encourage utility providers to adopt the voluntary guidelines and what…
SAFETY Act Could Serve As Incentive For NIST’s Cybersecurity Framework, Industry Experts Say
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