CNBC January 16, 2025
Key Points
– The Biden administration is imposing new security standards for companies that do business with the U.S. government with a new executive order.
– The directive also will require software companies to demonstrate the security of their development processes.
– It’s not clear if the incoming Trump administration will uphold the new rules.
The Biden administration on Thursday announced an executive order on cybersecurity that imposes new standards for companies selling to the U.S. government and calls for greater disclosure from software providers.
The White House is looking to put in place new rules “to strengthen America’s digital foundations,” Anne Neuberger, deputy national security advisor for cybersecurity and emerging technology, said in a briefing with reporters on Wednesday.
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