December 2003 - January 2004   VOLUME XXIV ISSUE 10  
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CONTENTS
$16 Trillion in Worldwide Energy Investment Needed by 2030, IEA Chief Says
Governments Urged to Strive for an Ambitious FTAA Agreement
U.S. Lowers Protections for Overseas Investors
Reorganization Planned for Labor and Employment Committee
Key Export Indicator Hits an All-Time High
Two Groups in Bid to Stabilize Iraq’s Business Climate
U.S. Set to Sign UN Corruption Convention
Information Security Assurance for Executives
OECD Workshop on Harmonization of Regulatory Oversight
Exposing the Risks of International Trade Fraud
Meeting With EU Employment Commissioner
Global Economic Recovery Under Way, Says ICC Business Poll
Business Can Help Fight Terror
Conference Focuses on OECD’s Tax Work
Bangladesh Conference on Challenges of Multilateralism
Information Security Assurance for Executives

BIAC and ICC have joined forces to develop an international business companion to the OECD’s Guidelines for the Security of Networks and Information Systems.  Entitled “Information Security Assurance for Executives,” the document is part of the business community’s efforts to contribute towards a global culture of security. 

An initial version of the guide was presented at the OECD’s Global Forum on Information Security, which took place in Oslo in October.  Intended for use in educating senior executives about information security, the paper aims to raise awareness and to emphasize the importance of information security to businesses worldwide. 

Included is an information assurance checklist, based around the nine principles of the OECD Information Security Guidelines: awareness, responsibility, response, ethics, democracy, risk assessment, security design and implementation, security management, and reassessment.  With the use of selected examples, the document demonstrates to businesses how the requirements of this checklist might be met.

Rather than outlining a specific plan for information security, this paper prepares business executives and small and medium-sized enterprises to ask appropriate and effective questions of IT professionals.  It provides some context to help inform decisions regarding the level and type of security deployed, which ultimately affects businesses in terms of cost, architecture, resources and business optimization.

The full text of the guide is available at: Click Here. 


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Business Can Help Fight Terror
In a November op-ed in The Straits Times of Singapore, ICC Secretary General Maria Livanos Cattaui emphasized the need for businesses and governments to work more closely to fight international terrorism.  “They share a common aim – to build a protective system that is achievable, effective and affordable,” she wrote.  Ms. Cattaui pointed out that the current system of mass disruptions of transport across borders is hurting the economy and is especially hurting developing countries who cannot meet new requirements.  “The trick is to direct scrutiny to points of greater risk rather than flailing about indiscriminately.  No easy task, but one in which business is already making its contribution and is eager to do much more.” 
Read the entire article at: Click Here.
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Published by USCIB Communications
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This newsletter is intended for informational use only and should not be construed as an authoritative statement of USCIB views or policy.
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