The Pros And Cons Of Security Information Sharing Systems

Introduction When determining what/how to share information between the private and public entities (federal, state, or local governments) it is necessary to identify what the laws and regulations apply. Some of the laws/regulations depend on which portion of government is attempting to share information. If the Federal government is attempting to share information then they must identify rules such as the Federal Guidance on the Cybersecurity Information Sharing Act of 2015 which encouraged information sharing and adding liability insurance to protect the private partners (Weiss, 2016). When it comes to the state governments sharing information it is necessary for them to not only identify the laws/regulations that the federal government has in place, but must also identify the state specific laws that apply. In attempt to simplify this process in terms of legal information that is shared, most states have developed a Justice Information Sharing governance body. This body helps share criminal information with all other levels of government and establishes privacy policies for this information (Hunter, 2009). Lastly, local governments have must follow both federal and state …show more content…
The specific organization that is recommended is the Electricity Information Sharing and Analysis Center (E-ISAC, 2016). The risks associated with this partnerships do not outweigh that benefits that the company would receive. For example, while it does cost resources (Time, manpower, etc…) to review information before it’s sent out and when it comes from other members, this practice allows risks to be identified and mitigated before they become a security incident. Also, the expertise that the company can draw on will reduce the time to mitigate risks by providing best practice/procedures for