Big Business Weighs Feds Involvement In Software Flaws

Business Roundtable's Security Task Force prefers market solutions over statutory and regulatory mandates.

Business Roundtables Security Task Force last week released a set of principles and an action plan aimed at building a more unified defense against the increasing number of malicious attacks on the global digital network. The principles said market solutions for cybersecurity are preferred over statutory and regulatory mandates.

Corporate software buyers may have to jointly "draw a line in the sand" with software developers, said C. Michael Armstrong, chairman of cable giant Comcast and chairman of the task force. This would probably require a federal antitrust exemption.

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