Consultancy firm Deloitte has urged governments worldwide to adopt a stronger and more visionary role in securing the internet by creating security standards and partnering more effectively with the private sector.
Deloitte argues in a new report released today that society is now dependent on the "cyber domain", but that security has yet to catch up.
Governments need to set uniform standards for security and protection, develop new laws on data privacy and create reliable metrics for internet service providers, the report said.
Mike Maddison, head of security and privacy services at Deloitte, maintained that governments need to take ownership of the problem and drive the solutions.
"It is not just about governments protecting their systems and encouraging the private sector to protect theirs. A joined up cyber security strategy is needed, because the world is so interconnected," he said.
"A large amount of the technology and infrastructure is residing in the private sector, so governments need to take a lead and set a framework for that to be protected."
Maddison warned that action needs to be taken now, expressing hopes that the UK would respond positively to the US review of its cyber security policy by the Obama administration, which is expected soon.
$5.1bn fine further evidence that the EU is anti-US, claims Trump
New cable will connect Virginia to France
Loon's balloons will bring the internet to remote areas of the country
New clues into the biosphere on Earth in the lead up to the emergence of animal life