Every executive and policymaker should read Vartanian’s proposal for a safer, more resilient internet.
American Financial Panics: Crashes, Recessions and Depressions and the Technology That Will Change It All.
Despite reams of regulatory policies from dozens of federal and state authorities, severe and devastating cyberattacks still occur. Hackers outsmart our policies and security upgrades, and the internet is the medium of choice for child sexual abuse material, drugs, weapons, human trafficking, espionage, money laundering, and terrorism.
In some ways the problem of internet security was predictable. The ARPANET of 1969 was conceived to serve academic and research purposes , had a finite set of known users, and had the assumption of a secure environment. No one expected that we would be buying stocks and transferring money with our internet connected smartphones. To be sure, the financial industry invests significantly to secure their systems.
The problem of upgrading the internet is similar to the Global Positioning System , another important US military system which was never intended to become a commercial platform. The debate is whether to build a new GPS , or to identify the priority PNT services and back them up accordingly, preferably by a reliable, non-government actor. For example, mobile wireless standards are driven by the 3GPP , and they are more resilient than GPS.
Vartanian suggests we could pursue something similar with key internet applications. Indeed this is already underway with private and offline networks: build the network from the ground up with security as the key requirement; block malicious ports, content, and actors outright; have strict rules on access and behavior.
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