Cybersecurity has been a hot topic in America over the past year. With more and more hacks going public, what role does the government play in creating regulation? Megan Stifel, Senior Fellow at Atlantic Council and former Cybersecurity Policy Adviser at the White House National Security Council joins Cheddar to discuss the relationship between Washington DC and cybersecurity.
In her experience, Stifel says the government's effort to create regulations hasn't gone according to plan. She believes it's better suited to act as a convener, not as the end-all-be-all of regulation. The government can require that standards exist within industries, but shouldn't be setting the specific standards themselves.
Plus, 240 bills and resolutions related to cybersecurity were introduced across 42 states in 2017. So will the states have a major influence on the government's regulation decisions? Stifel says it's likely we'll see federal data breach requirements coming out of the sitting congress in the next year or so. Overall though, she says there is a shortage in cybersecurity experts and more research needs to go into this sector.
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Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
