The increasing worldwide threat of cyber-attacks has grown to the point of drawing government attention here in the U.S.
Astra's study claims an average of 97 cybercrime victims per hour. This means there are 2328 cyber attacks per day, and 33 billion accounts will be breached in 2023. It is also predicted the next five years will experience a cybercrime increase of 15%. The costs will reach 10.5 trillion by 2025. The government and Biden Administration are taking this matter seriously with the National Cybersecurity Strategy. Its goal is to "secure the full benefits of a safe and secure digital ecosystem for all Americans."
With the rise of cyber threats, it's crucial for organizations and businesses nationwide to have national support for the safety of their networks and infrastructures. It is also essential for businesses to prioritize their own network’s cybersecurity. Unfortunately, only some organizations have the appropriate resources to maintain cybersecurity properly. However, this government-released approach promises more awareness and funding for cybersecurity matters.
What is the National Cybersecurity Strategy?
The National Cybersecurity Strategy is an organized plan released by the Biden Administration on March 2, 2023. The strategy is aimed at the federal government for cybersecurity goals and objectives. The plan outlines how the federal government plans to issue businesses roles, resources, and responsibilities to increase cybersecurity in the nation. The government wishes for more constructive, coordinated cyber defenses backed by the best resources possible.
The strategy's vision includes enabling priorities such as defense mechanisms, resilience, and aligning values amongst all parties involved. The way they plan to carry out this strategy involves five pillars of collaboration:
Defend Critical Infrastructure
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Expand the use of small cybersecurity requirements
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Enable public-private collaboration in critical infrastructure sectors for public and national safety
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Increase in harmonized regulations to decrease the burden of compliance
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Defend and modernize Federal networks
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Keep Federal incident response policies updated
Dismantle and Disrupt Threatening Actors
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Utilize scalable mechanisms in private sectors to cause disruption and address ransomware threats.
Drive Security and Resilience by Shaping Market Forces
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Prioritize the most vulnerable to cybersecurity threats
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Build a more trustworthy digital ecosystem by promoting the privacy and security of personal data
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Liability for software products and services and
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Ensure Federal grant programs promote secure infrastructure investments
Investment in a Resilient Future
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Lead the world in the innovation of secure and robust technologies/infrastructures
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Reduce systemic technical vulnerabilities in internet foundations
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Increase strength against transnational digital repression
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Expand diverse national cyber workforce and cybersecurity R&D for next-generation technologies
Form International Partnerships to Pursue Shared Goals
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Reinforce responsible state behavior and national collaboration in cyberspace
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Partner with international coalitions to stand against threats to digital ecosystems through collaborated preparation, response, and cost imposition
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Prepare partners' capacity to defend themselves against hazards in peaceful and critical times
Businesses will uphold more responsibility for their network and infrastructure’s cybersecurity. More funding will be gathered via the Federal government for businesses across the nation to ensure their security. If the new cyber precautions and protocols are not carried out and misrepresented, businesses face the threat of legal action.
The National Cybersecurity Strategy wants to promise a safer and improved digital future. Focuses are set on placing more emphasis on software supply chain risk mitigation and pushing cloud and other internet infrastructure service providers to boost the priority of securing infrastructure use against criminal behaviors. The Administration released this strategy this month, so we will be updated on how the objectives of this organized plan are intended to be carried out in the upcoming months.
There's No Time Like the Present for Security
Although it may take a few more months to clarify the proceedings of the National Cybersecurity Strategy, it's always the right time to secure your business' network and infrastructure. Usherwood is here for all your cybersecurity needs. Whether you need vulnerability assessments, to choose the right VPN, or to perform a discovery on your network, we have you covered. Usherwood wants you to feel supported in your fight against cyber threats to your business. We always strive to ensure our clients feel secure and covered, and that’s how every business should feel when it comes to keeping their sensitive information safe.
