Chargebacks911® COO Weighs in on Cybersecurity Question for Washington Examiner
Following the high-profile attack on network management and IT security company SolarWinds last year, more and more people are pushing for an expansion of consumer digital protections. Chargebacks911 COO Monica Eaton, a globally-recognized IT and security expert, was asked to offer her insight on the possibility of a legislative solution in a new feature for the Washington Examiner.
The Washington Examiner is a source for breaking political news and analysis. They deliver in-depth news coverage, investigative reporting, and commentary, all with the aim of keeping readers informed about the latest happenings in the nation’s capital.
The internet has been a staple in homes around the world for multiple decades now. However, the digital environment still has a certain “Wild West” character, especially when it comes to matters of fraud and cybersecurity.
Requirements stipulating that entities inform consumers about security breaches are not strong enough to maintain a meaningful standard of protection. “It would be wonderful if serious-minded politicians would reach across the aisle and craft commonsense legislation for today's digital age,” Monica says in response. “Our internet laws are ridiculously out of date, and you'd think that cybersecurity would be a nonpartisan issue.”
Monica and other experts have suggested that these notification laws could form the basis of a more comprehensive “Internet Bill of Rights.” This would both protect consumers and serve as a boon to online commerce.
“The integrity of our online marketplace is directly dependent on consumers having faith and confidence in digital, card-not-present transactions. That won't continue if consumers suspect that they're being deliberately kept in the dark.”
