Creating Cybersecurity Regulatory Mechanisms, as Seen Through EU and US Law
By: Kaspar Rosager Ludvigsen
Potential Business Impact:
Creates rules for safer computer systems globally.
Because digital devices and systems are widely used in all aspects of society, the risk of adversaries creating cyberattacks on a similar level remains high. As such, regulation of these aspects must follow, which is the domain of cybersecurity. Because this topic is worldwide, different jurisdictions should take inspiration from successful techniques elsewhere, with the European Union and the US being the most experienced and long-standing. What can be derived from their approaches separately to be used in other democratic jurisdictions, and what happens when we compare them with this pragmatic approach in mind? Cybersecurity is oddly enough quite well understood in most jurisdictions worldwide. However, concept comprehension cannot enforce or create compliance, hence the need for good regulatory approaches. The comparative legal analysis of the EU and the US show that there are large differences in definitions and enforcement, but some concepts are repeated in both jurisdictions. These can be further refined to become derivable principles, which can be used to inspire legislation in any democratic jurisdiction. They are: Voluntary Cooperation, Adaptable Definitions, Strong-arm Authorities, Mandated Computer Emergency Response Teams, and Effective Sanctions. These 5 principles are not exhaustive but combine classic regulatory and practical lessons from these two jurisdictions.
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