18.04.2014 - 18:33 [ Techdirt ]

US Government Is Paying To Undermine Internet Security, Not To Fix It

The federal government spent at least $65 billion between 2006 and 2012 to secure its own networks, according to a February report from the Senate Homeland Security and Government Affairs Committee. And many critical parts of the private sector — such as nuclear reactors and banking — follow sector-specific cybersecurity regulations.

But private industry has also failed to fund its critical tools.