A White House advisory board recommends extending tax incentives to critical infrastructure owners and operators to bolster cybersecurity efforts. The National Security Telecommunications Advisory Committee emphasizes the need for impactful financial incentives, such as tax deductions and federal grants, for organizations adopting cybersecurity best practices.
Acknowledging the inadequacy of current market forces to drive cybersecurity standards, the report warns of persistent cyber incidents across critical infrastructure sectors. To bridge this gap, technology trade groups advocate for upfront tax incentives to encourage proactive cybersecurity investments, aligning with the NSTAC’s call for enhanced measures to meet national security goals.
In addition to tax incentives, the NSTAC proposes nationwide education programs and virtual cyber academies to empower resource-poor small and medium-sized critical infrastructure providers. These initiatives aim to increase utilization of free cybersecurity services offered by agencies like CISA while also mobilizing retired professionals to support cybersecurity efforts, highlighting a multifaceted approach to fortifying national cyber defenses.
Reference:
