Cybersecurity Laws and Regulations Could Be an Issue in 2020 Election

Cybersecurity Laws and Regulations Could Be an Issue in 2020 Election

December 14, 2018 The Beacon Blog, Uncategorized 0 Comments

According to Northeastern University law and computer science professor Woodrow Hartzog, the data ecosystem could be marred if stronger data security laws are not adopted. Hartzog’s comments came after announcements by Marriott and Quora that 500 million and 100 million accounts respectively had been breached.

Hartzog stated that if people lose their trust that collected data will be protected, the potential of artificial intelligence and other developing technologies will be lost.

To date the Federal Trade Commission has been reactive in addressing data protection. The FTC is now debating whether to retain the status quo and file individual complaints against companies that fail to uphold “reasonable data security practices”, or create a system of required practices.

According to Hartzog there has to be a trade-off between adequate data security rules and flexibility to go beyond checklist compliance.

Hartzog believes data security should be a political issue. Candidates for office – including by implication the presidency – should be asked for their position. Judging by recent experience, this issue deserves to get high priority in the next election.

Source: htpps://news.northeastern.edu/2018/12/12/data-security-expert-calls-for-stronger-cybersecurity-laws/.




About the Author

Harry Cylinder

Harry Cylinder, CPCU, ARM has spent nearly fifty years in the insurance industry, the majority of the time as a consultant. He has been employed by The Beacon Group of Companies since 2008, specializing in the review and analysis of property and casualty coverage forms. Mr. Cylinder has been reviewing policy forms as they have evolved over the past decades. In 2008 he published an article in the CPCU Journal which was the first description of cyber insurance coverage for a general insurance audience. Since that time he has regularly written on cyber and other topics for The Beacon Companies’ blog.