Cybersecurity Laws Cybersecurity …show more content…
You also have international laws that include Personal Information Protection and Electronic Documents Act (PIPED Act, or PIPEDA), in Canada the Law on the protection of Personal Data Held by Private Parties, and in Mexico the European Union Data Protection Directive; Safe Harbor Act. (CSO 2012)
Sarbanes-Oxley Act This act was passed in 2002, and is intended to guard investors and the public by increasing the accuracy and reliability of corporate disclosures. (CSO 2012) Management, public accounting firms and the U.S public company boards are all affected by the Sarbanes-Oxley Act. Arranged in 11titles, but as far as compliance the important sections are considered 302,401,404,409, 802 and 906. The SOX Act not only has an impact on the financial side of corporations but also the IT departments that store the corporations records that are …show more content…
Meeting on a small amount of requirements would leave vulnerabilities and could be very bad, bad as not implementing security standards. An example of a private sector is target, target met the minimum requirements that lead them to a breach and having to send out notification letters and free credit monitoring. This would be considered minimum effort. Even surpassing requirements can lead to funds being cut in other parts of the company that were protected. Apple is an example of surpassing the government standards. Apple has gone completely over the top by encrypting its smartphones so that the FBI can’t unlock them, even if there is a terrorist involved. I do somewhat agree with apple a little about not making another version of the IOS 8 operating