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<b><i>Online Extra</b></i>White House Offers Incentives for Cybersecurity Program
President Barack Obama's administration has drafted a potential recipe for sweetening its voluntary corporate cybersecurity program. The program is under development at the White House and is aimed at utility companies and other businesses that are key to U.S. infrastructure.
The White House on August 6 revealed possible incentives it may use to bring critical infrastructure companies into the program, which would encourage the development of capabilities to mitigate cyber risk. The potential enticements include cybersecurity insurance through agencies, reduced tort liability, easier access to federal grants and technical assistance, public recognition, and utility rate adjustments to help offset cybersecurity investments.
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