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White House to Offer Incentives for Private Sector Cybersecurity

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CyberStockThe White House on Tuesday published a preliminary list of incentives to encourage private companies to adopt upcoming cybersecurity standards and best practices for safeguarding critical infrastructure, Fedscoop reported Tuesday.

Cory Bennett writes the National Institute of Standards and Technology hosted workshops nationwide during the past few months to gather industry feedback on a cyber framework set for release in November.

The departments of Homeland Security, Treasury and Commerce made recommendations for the incentive program, according to the report.

Fedscoop says the agencies identified eight possible incentives in accordance with a February presidential order on cybersecurity.

Rewards include insurance, grants, technical assistance, liability protection, public recognition and streamlined regulations.

Michael Daniel, White House cybersecurity coordinator, outlined the incentives in a blog post.

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