FCC Calls for More Cybersecurity Regulation

The Federal Communications Commission released a white paper this week calling for more regulation of cybersecurity requirements for communications networks, arguing companies have little incentive to invest in areas like cyber when they don’t make immediate bottom line returns.

“As private actors, [internet service providers] ISPs operate in economic environments that pressure against investments that do not directly contribute to profit,” the agency said in the paper released Wednesday. “Protective actions taken by one ISP can be undermined by the failure of other ISPs to take similar actions. This weakens the incentive of all ISPs to invest in such protections.”