"Operators of critical infrastructure could opt-in to a government-sponsored security regime," Deputy Secretary William Lynn III says. "Individual users who do not want to enroll could stay in the wild wild West of the unprotected Internet."
During his tenure as national intelligence director, Dennis Blair recognized the synergy between national security and economy security, and advocated initiatives that protected government and business systems.
Congressional leaders have vowed to get the much awaited financial regulatory reform bill passed and in front of President Obama before the Fourth of July. Yet, reform legislation as it's currently written will not prevent future financial crises, say some experts.
The legislation would replace the paper-compliance process established under the Federal Information Security Management Act eight years ago with one relying on the continuous monitoring of agencies computer assets.