Cybersecurity was undoubtably on the forefront of the agenda for many organizations in 2020 – and 2021 should be no different. The rapid shift to remote work over the past year has led to an increased number of cybersecurity threats for many organizations. A major risk that companies face when their information is improperly accessed through a cyberattack is the acquisition and potential misappropriation of trade secrets and other confidential and proprietary information.
It has largely been up to individuals in the private sector to protect their trade secrets from cyberattacks in the absence of a national response. However, going forward in 2021, the federal government has enhanced its response in preventing private-sector cyberattacks by initiating a process whereby it can work with the private sector to prevent them from occurring. By including the private sector in its cybersecurity defense plan, the government has departed from its historical approach which had until now focused solely on national security efforts.
New Federal Law Offers Aid to Private Sector
The William (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 was enacted into law…
