C.J. Haughey

There are over 17 billion internet-connected devices in the world — and experts expect that number will surge to almost 30 billion by 2030. This rapidly growing digital ecosystem makes it increasingly challenging to protect people’s privacy. Attackers only need to be right once to seize databases of personally identifiable information (PII), including payment card information, addresses, phone numbers and Social Security numbers.

The cost of cyberattacks on software supply chains is a growing problem, with the average data breach costing $4.45 million in 2023. Since President Biden’s 2021 executive order, software bills of materials (SBOMs) have become a cornerstone in protecting supply chains. In December 2023, the National Security Agency (NSA) published new guidance to help organizations incorporate SBOMs and combat the threat of supply chain attacks.

On October 30, 2023, President Biden issued an executive order (EO) to set new standards for the safety and security of Artificial Intelligence (AI). The move sets out the government’s intentions to regulate and further advance the growth of AI technology in the years ahead.