Momentum is building in Washington to require all public companies to annually report the performance of their IT security initiatives, not just the financial services and health care industries that face scrutiny now. The Bush administration considered requiring companies to report on network security during the crafting of the National Strategy to Secure Cyberspace. But the idea was unpopular in many enterprises and did not make the final plan, released in February. Last week, former presidential adviser for cyberspace Richard Clarke, who spearheaded the strategy, urged Congress to act quickly to legislate such obligations. Enterprises object to the suggestion of broad reporting requirements, but some see a certified audit process reflected in annual Securities and Exchange Commission filings as beneficial. Full Story
About OODA Analyst
OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.