The Telecommunications Industry Association’s Chief Technology Officer Council is developing...
The Telecommunications Industry Association’s Chief Technology Officer Council is developing recommendations to Congress on legislation that would support U.S. businesses’ growing network and data security needs. “Security breaches cost businesses billions of dollars each year, slow innovation and erode consumer…
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confidence,” said Danielle Coffey, TIA vice president-government affairs, Thursday in a news release. “Our goal is to help policymakers understand the connection between security and competitiveness, and to encourage the development of policies that help U.S. businesses remain competitive in a global marketplace where security is essential to success.” McAfee Public Sector CTO Phyllis Schneck, who serves on the council, said in the same release: “The Internet has become one giant malware transport system, and the costs for businesses are enormous.” The CTO Council plans to make its recommendations in January, when the 113th Congress convenes, TIA said. One focus of the council’s recommendations will be the need for government support for technology research and development (http://xrl.us/bn7co6). TIA President Grant Seiffert sent a letter Tuesday to Speaker John Boehner, R-Ohio, and House Minority Leader Nancy Pelosi, D-Calif., urging them to retroactively extend the research and development tax credit to apply to 2012. “A failure to retroactively extend the credit would result in a significant curtailment of research & development activities in the coming months, with follow-on effects that will be felt for years,” Seiffert said (http://xrl.us/bn7cpa).