Two hundred billion IoT devices could be in use by 2020, according to one estimate cited in the World Economic Forum’s recent report, Mitigating Risk in the Innovation Economy.  This rapid integration of the digital world and the physical world presents unprecedented opportunities for businesses in a wide array of industries.  But it also

On December 1, 2016, the Commission on Enhancing National Cybersecurity released its Report on Securing and Growing the Digital Economy. In its Report, the Commission, established in February 2016 by President Obama, provided detailed short- and long-term recommendations to strengthen cybersecurity in the public and private sectors. The Commission took a multi-stakeholder approach, emphasizing the need for broad public-private cooperation, defined consumer rights and responsibilities, and international streamlining efforts. The Report focused on eight cybersecurity topics identified in the Commission’s charging Executive Order: federal governance, critical infrastructure, cybersecurity research and development, cybersecurity workforce, identity management and authentication, Internet of Things, public awareness and education, state and local government cybersecurity, and additionally insurance and international issues.

After studying these eight critical areas, the Commission articulated ten foundational principles that shaped its recommendations in the Report. These principles focused on the growth in size and density of Internet-connected systems, United States and federal government leadership in cybersecurity innovation, private-public collaboration, clear definitions of authority and accountability, consumer education, user-friendly cybersecurity products, privacy and trust development, the unique needs and constraints of small businesses, and designing incentives for innovation.

The Report then enumerated myriad imperatives, recommendations, and action items for the current and next Presidential administrations to develop robust cybersecurity in the nation.
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