Cyber-security Regulation - Anti-regulation Opinions

Anti-regulation Opinions

On the other hand, many private-sector executives believe that more regulation will restrict their ability to improve cyber-security. Harris Miller, president of the Information Technology Association of America, believes that regulation inhibits innovation. Rick White, President and CEO of TechNet, also opposes more regulation. He states that, “The private-sector must continue to be able to innovate and adapt in response to new attack methods in cyber space, and toward that end, we commend President Bush and the Congress for exercising regulatory restraint.” Another reason many private-sector executives oppose regulation is because it is costly. Firms are just as concerned about regulation reducing profits as they are about regulation limiting their flexibility to solve the cyber-security problem efficiently.