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Schneier argues that we need a new agency in charge of cybersecurity rules.
Colorado recently passed cybersecurity rules for broker-dealers and investment advisers subject to the Colorado Securities Act.
Within the United States, we expect that more states will follow the lead of New York and Colorado in passing their own cybersecurity rules.
Obama, afraid of hampering a recovering tech industry, has vowed not to create new cybersecurity rules for businesses.
The New York State Department of Financial Services DFSspellslls these assessments out in more detail in its cybersecurity rules for financial companies.
Earlier this year, Apple moved its iCloud encryption keys for Chinese users to mainland China to comply with the country's new vague, confusing and often conflicting cybersecurity rules.
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China's newly installed cybersecurity law has rules on collecting personal information, including biometric characters, for commercial use but doesn't apply to local governments, Cheng said.
Both presidents said their countries and others must work to develop what Mr. Obama called "common rules" for cybersecurity to protect economies and militaries globally.
President Barack Obama has brushed aside the outcry over surveillance operations by the US government to tell China's President Xi Jinping he wants a world order where all countries play by the same rules on cybersecurity.
Though the order applies only to Montana, it could have a spillover effect, as seen with auto emissions rules and cybersecurity notification laws that began in a few states but eventually became national standards.
Firms supplying essential services, e.g. for energy, transport, banking and health, or digital ones, such as search engines and cloud services, will have to improve their ability to withstand cyber-attacks under the first EU-wide rules on cybersecurity, approved by MEPs on Wednesday.
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