President Joe Biden signed an executive order last month intended to modernize and enhance the nation’s cyber-security defenses. While the order largely applies to federal agencies, its core message—that the public and private sectors must collectively defend against increasingly malicious cyber-attacks, including ransomware attacks—should not be lost on companies.
For executive leadership teams, the key takeaway of the executive order, signed May 12, rests in this one sentence: “The private sector must adapt to the continuously changing threat environment, ensure its products are built and operate securely, and partner with the federal government to foster a more secure cyberspace.”
