The Biden administration has addressed breaches as a matter of national security – and opened up a can of policy-implementation worms.
Almost from the beginning of the Biden administration early this year, the federal government, through its many branches and agencies, has taken a hard and continuously evolving look at improving cybersecurity across the spectrum of American enterprises. This push has primarily been focused on both improving cybersecurity itself, while also combatting the increasingly prevalent scourge of ransomware events. According to a September 2021 Bloomberg News article, ransomware alone became a $350 million criminal industry in 2020, with the bad guys paying particular attention to entities that hold large amounts of consumer data and sizable cyber insurance policies. To put an exclamation point on it, during the first week of December, the House of Representatives passed three bills with a two-third majority (who says Congress can’t get anything done if it’s properly motivated?) to address current and future cybersecurity issues.
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