Fight Against Cybercrime Goes GlobalA new treaty between the United States and more than two dozen other nations will help multinational companies stop cybercriminals?but this help will come at a cost. Corporate IS departments will have to spend more money on network surveillance technology for evidence gathering and on support staff to assist foreign governments chasing international hackers. Also, the treaty does nothing to guarantee companies that any confidential data they give foreign officials in the course of an investigation will be kept private.The Convention on Cybercrime calls for law enforcement officials in 29 participating countries to establish uniform rules for cooperating on international cases, such as when a U.S. company’s servers in another country are used to commit a crime or are hacked by an overseas criminal. Jeffrey Pryce, an attorney at Steptoe & Johnson in Washington, D.C., says that to solve such cases, law enforcement officials need help from the corporate victims.When a company helps investigators, it can end up spending tens of thousands of dollars on tools for gathering evidence and on dedicating staff for the inquiry, says Pryce. At home, the U.S. government helps companies defray these costs, but that’s not always going to be the case when a foreign government investigates, says Bruce McConnell, president of McConnell International, a business and technology consultancy in Washington, D.C. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe Also missing from the treaty is a guarantee that companies sharing information with foreign governments to solve cybercrimes will have their privacy protected, as it is in the United States. That means CIOs need to think ahead about how a foreign country’s privacy laws affect how much they’ll cooperate with investigations. The U.S. Senate needs to ratify the treaty, but the Senate Foreign Relations Committee headed by Sen. Joseph Biden (D-Del.) had not announced any action on it at press time. However, many countries, including the United States, will start cooperating on computer crime investigations based on the treaty even before it’s officially ratified, says McConnell. -Stephanie Viscasillas Government-Approved SecurityUnder a law passed by Congress last fall, the government will make its future reviews of information security products available to the public, and CIOs can use these assessments to make purchasing decisions.The law, sponsored by Rep. Connie Morella (R-Md.), orders the Commerce Department to set information security standards for the government’s civilian agencies and list hardware and software products that meet those standards. Product tests conducted by independent labs will be rigorous, says Tony Stanco, senior policy analyst at George Washington University’s Cyberspace Policy Institute, because government agencies are tired of being embarrassed by security breaches.CIOs in the private sector have a hard time getting neutral information about the capabilities of security products because analysts and consultants haven’t succeeded in deflating vendors’ marketing hype. The competition for a good rating from the government will keep security vendors honest, says Stanco.The law doesn’t give the government a deadline for getting its product reviews out to the public, but an aide to Morella, who asked not to be named, expects the information to be available within six months to a year. Related content feature Gen AI success starts with an effective pilot strategy To harness the promise of generative AI, IT leaders must develop processes for identifying use cases, educate employees, and get the tech (safely) into their hands. By Bob Violino Sep 27, 2023 10 mins Generative AI Generative AI Generative AI feature A fluency in business and tech yields success at NATO Manfred Boudreaux-Dehmer speaks with Lee Rennick, host of CIO Leadership Live, Canada, about innovation in technology, leadership across a vast cultural landscape, and what it means to hold the inaugural CIO role at NATO. By CIO staff Sep 27, 2023 6 mins CIO IT Skills Innovation feature The demand for new skills: How can CIOs optimize their team? By Andrea Benito Sep 27, 2023 3 mins opinion The CIO event of the year: What to expect at CIO100 ASEAN Awards By Shirin Robert Sep 26, 2023 3 mins IDG Events IT Leadership Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe