Why Companies Are Forming Cybersecurity Alliances

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Why Companies Are Forming Cybersecurity Alliances

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But when it comes to cybersecurity and cyber attacks, most governments have spent much more time increasing their offensive capabilities than protecting companies and individuals.
Hundreds of companies — some of them among the largest in the world — have formed groups around goals related to the future of the internet and digital networks.
Unless cooperation, between companies as well as between companies and countries, becomes the norm, global cybersecurity is unlikely to improve.
When it comes to cybersecurity and cyber attacks, most governments have spent much more time increasing their offensive capabilities than protecting companies and individuals.
Hundreds of companies — some of them, such as Airbus, Cisco, HP, Microsoft, Siemens, and Telefonica, among the largest in the world — have tried to step into this trust gap by forming groups around goals related to the future of the internet and digital networks.
The normative alliances, on the other hand, make explicit calls for digital peace, government support for companies under attack, and cooperation to limit the use of private systems and networks against citizens (especially by a nation-state).
The Cybersecurity Tech Accord, pioneered by Microsoft and other leading technology companies, aims to build “a safer online world by fostering collaboration among global technology companies”; its members pledge to oppose efforts by nations to attack citizens and enterprises.
These alliances are ultimately focused on the wider world, rather than on individual companies and industries.
These companies may prefer to sit on the sidelines for now, let other companies push the global conversation forward, and benefit from the increases in global security and trust that the alliances are starting to foster.
(The list of signatories includes the World Economic Forum, where I am employed

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