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charges the NIST with responsibility for coordinating nationwide work
on voluntary cybersecurity standards. NIST produces the 800 series of
Special Publications related to computer security in the federal
government. These are useful for all security practitioners and are
available for free online at
http://csrc.nist.gov/publications/PubsSPs.html.
The following are commonly used NIST standards:
NIST SP 800-53: Security and Privacy Controls for Federal
Information Systems and Organizations. This standard is
required for use in federal computing systems and is also
commonly used as an industry cybersecurity benchmark.
NIST SP 800-171: Protecting Controlled Unclassified Information
in Nonfederal Information Systems and Organizations.
Compliance with this standard’s security controls (which are quite
similar to those found in NIST 800-53) is often included as a
contractual requirement by government agencies. Federal
contractors must often comply with NIST SP 800-171.
The NIST Cybersecurity Framework (CSF) is a set of standards
designed to serve as a voluntary risk-based framework for securing
information and systems.
The third law from this wave of new requirements was the National
Cybersecurity Protection Act. This law charged the Department of
Homeland Security with establishing a national cybersecurity and
communications integration center. The role of this center is to serve
as the interface between federal agencies and civilian organizations for
sharing cybersecurity risks, incidents, analysis, and warnings.
Intellectual Property
America’s role in the global economy is shifting away from a
manufacturer of goods and toward a provider of services. This trend
also shows itself in many of the world’s large industrialized nations.
With this shift toward providing services, intellectual property takes
on an increasingly important role in many firms. Indeed, it is arguable
that the most valuable assets of many large multinational companies

