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From Tony Bradley, CISSP-ISSAP, for About.com

Tech Firms Lobby Against Government Regulation

Wednesday December 3, 2003
One of the suggestions that has risen out of President Bush's National Strategy to Secure Cyberspace has been to have publicly traded companies be required to disclose what steps they have taken to secure their network infrastructure. Tech firms have lobbied hard against such disclosure- arguing that they are already taking the appropriate steps and that government intervention would be costly and inappropriate. Frankly, such a requirement would either be meaningless or cause more harm than good in my opinion. Either companies would disclose such vague platitudes that it would not provide any useful information or they would give away enough detail about their network security as to provide a potential attacker with much of the information they would need to know in order to breach the security. You can read more about this issue in this RedNova.com article by Ted Bridis: Tech Execs Fight Computer Security Regs.
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