CrowdStrike urges Congress to enhance cybersecurity adoption through tax incentives
Summary
Drew Bagley, chief privacy and policy officer of CrowdStrike, urged Congress to enhance the adoption of cybersecurity services, suggesting that changes to the tax code could be a viable strategy. This call reflects a broader trend of cybersecurity executives actively engaging with lawmakers, as they seek to strengthen national defenses and encourage the adoption of technology to protect against increasing digital threats.
Analysis
CrowdStrike: CrowdStrike is a cybersecurity company that provides a cloud-native platform for endpoint protection, threat intelligence, and security operations. Its leadership actively engages in public policy discussions to advance cybersecurity practices. In this development, the company's chief privacy and policy officer is urging Congress to support broader adoption of such services through legislative measures like tax incentives. Drew Bagley: Drew Bagley serves as chief privacy and policy officer at CrowdStrike, overseeing the company's privacy strategy, data protection efforts, and global cyber policy initiatives. He regularly participates in congressional testimony and advisory roles on issues at the intersection of security, privacy, and emerging technology. In the reported event, he directly called on lawmakers to facilitate greater uptake of cybersecurity services, including via adjustments to the tax code. Policy Advocacy: Cybersecurity executives are actively testifying before Congress and engaging policymakers on strengthening national defenses and encouraging technology adoption.
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Related sources
- https://www.youtube.com/watch?v=Fut-3KjoOOI
- https://www.businesswire.com/news/home/20240603530688/en/CrowdStrike-Announces-Speaker-Line-Up-for-The-Washington-Post-Live-Cyber-Event-Featuring-General-Nakasone-Ambassador-Fick-Kemba-Walden-and-CrowdStrikes-Drew-Bagley
- https://www.jou.ufl.edu/2023/04/11/pr-alum-combined-love-of-law-technology-to-make-a-difference-in-the-world-of-cybersecurity/
- https://economictimes.indiatimes.com/topic/crowdstrike-falcon-software/news
- https://www.congress.gov/118/meeting/house/115516/witnesses/HHRG-118-HM08-Wstate-BagleyD-20230323.pdf
- https://x.com/CrowdStrike/status/2011211765757948135
- https://www.crowdstrike.com/en-us/blog/
- https://www.pcmag.com/news/prior-to-microsoft-meltdown-crowdstrike-exec-warned-of-single-point-of
- https://www.infosecurity-magazine.com/profile/drew-bagley/
- https://thestrategystory.com/blog/crowdstrike-business-strategy-2026/
- https://cxotoday.com/tag/crowdstrike/
- https://www.aspendigital.org/person/drew-bagley/
- https://www.sec.gov/Archives/edgar/data/1535527/000153552726000031/0001535527-26-000031.txt