If it were measured as a country, cybercrime would be the world’s third-largest economy after the U.S. and China. In other words, countries cannot afford to not pay attention to this growing threat to business and democracy at large.
That’s why there’s proposed legislation designed to address this imminent danger. It’s called the HACT Act. Although it has bipartisan support, there are some legal issues looming. Among them, there’s tension between the government’s authority and the private sector. In the meantime, the conclusion is that the best cyber defense will remain a strong defense, not a strong offense.
We’ll be following this issue closely as we do with other matters related to international law. You may learn more about us by visiting our website, connecting with us on social media and reading our blogs. We look forward to connecting with you.