Cyberscoop | February 10, 2021
By Jeff Stone

The U.S. government requires dramatic updates to its current approach toward cybersecurity if Americans want to avoid the kind of cyber-espionage campaigns that have recently rocked the national security establishment, a panel of security practitioners told Congress Wednesday. 

During testimony in front of the House Homeland Security Committee, former top intelligence official Sue Gordon likened the state of data protection in the U.S. to the stock market crash of 1929, which triggered the Great Depression. The government responded to reckless behavior on Wall Street by creating oversight in the form of the U.S. Securities and Exchange Commission and requiring regular financial filings from publicly-listed companies.

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