The last several months have been momentous for cybersecurity regulation. In the U.S. alone during 2022, 40 state or territory legislatures introduced or considered more than 250 bills or resolutions that address cybersecurity in some significant way. Per the National Conference of State Legislatures, common outcomes of this legislation include:
The U.S. Congress was equally active at the Federal level, with several major bills passed and signed into law:
Federal legislation on deck for enactment in the near future includes the Intergovernmental Cybersecurity Information Sharing Act, DHS Roles and Responsibilities in Cyber Space Act, and Cybersecurity Grants for Schools Act of 2022. The list above, of course, doesn’t include numerous, similar legislative initiatives already in flight around the world!
This Trend is Not Your Friend
The quick takeaway is that this legislative trend is shining a bright spotlight on crowdsourced cybersecurity. Why? Because this trend’s emphasis on proactivity and measurement will influence how cybersecurity strategy is designed and implemented across organizations of every size, type, and industry. And that strategy will create burdens for which few security teams are resourced.
A key part of many of these legislative requirements is to first understand and quantify risk across the attack surface, which for most orgs is now exposed in complex ways that can be hard to grasp. And there is simply not enough hireable talent in the world to meet that goal, much less to remediate the associated risks–especially when challenging assets involving APIs, IoT devices, cloud infra, and Web3 are involved.
Fortunately, crowdsourced cybersecurity is here to help solve that problem (among others)!
Crowdsourcing Do’s and Don’ts
Crowdsourced cybersecurity brings a lot of value to this challenge in theory, but in practice, you have to be thoughtful about your approach:
Learn More
Don’t let government mandates catch you flat-footed. The Bugcrowd Security Knowledge PlatformTM delivers all the “do’s” above, and more. Read our platform ebook to learn more!