Tax breaks for cybersecurity firms?

Congress may offer tax breaks to companies that adopt good
cybersecurity standards, the chairman of a House of Representatives
subcommittee said Tuesday.

Lungren said the U.S. House of Representatives cybersecurity
subcommittee, which he chairs, is working on crafting an “overall view
of ways we can work with the private sector” to develop cybersecurity
tools, including the possibility of creating an incentive-based system.

Lawmakers also plan to address liability concerns, he said, as they
want to allow companies to take some risks in coming up with new
cybersecurity tools without having to worry about being sued if they
fall short.

Read the full article on C|Net  This would be very interesting if it came to light.


Author: Xavier Ashe

Entrepreneur, Infosec Executive, CISSP, CISM, Ironman triathlete, traveler, UU, paleo, father of 8, goyishe, gamer, & geek.

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