The US National Institute of Standards and Technology (NIST) has rolled out the draft of Preliminary Cybersecurity Framework, which incorporates standards that businesses can implement to boost cybersecurity.
Launched as part of efforts to safe guard businesses without laying down restricted and expensive directives, the new framework recommends industries to weigh up their existing cybersecurity measures and target better complexity level in protecting against attacks.
NIST Director Patrick Gallagher said: "Ultimately what we want to do is we want to turn today's best practises into common and expected practices."
The latest effort by the Federal standards agency comes after President Barack Obama's orders in February to gather intended minimum standards to confront the lack of advancement on cybersecurity legislation in Congress.
The latest agenda would also assist industries that work together to hold each other responsible, help measure the maturity of cybersecurity efforts, and assist in setting security targets.
According to report from White House, some of the overall potential areas of incentives determined by the industry, academics and government professionals, including public recognition, insurance, process preference, grants, liability limitation, streamlined regulations, rate recovery and cybersecurity research, would be implemented with immediate effect.
The remaining, however, would be executed upon the completion of the cybersecurity framework.