Purpose

This independent blog collects news about projects or achievements in regulatory reform / better regulation. It is edited by Charles H. Montin. All opinions expressed are given on a personal basis.
Background on regulatory quality, see "Archive" tab. To be regularly informed or share your news, join the Smart Regulation Group on LinkedIn: 1,300 members, or register as follower.

07 December 2010

Businesses welcome security regulation

In these days of Wikileaks dominated news, will regulation as a protection rather than an obstacle make a comeback?
According to a recent survey in the US, which fielded answers from a total of 285 security pros in industries such as food and agriculture, defense and information technology, it appears that the companies with the most industry regulations to address tended to have better security practices. 39 percent said the government should "enact more stringent cyber-security legislation along the lines of PCI." Thirty-two percent believed the government should create legislation with higher data breach fines.
More and more, better regulation means delivering efficiently the whole range of public policies, not just reducing paperwork. Appropriate regulatory response to risks is an essential component of good regulatory management.

No comments:

Post a Comment