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A great post Bob Ackerman. History has demonstrated that technology has been a significant driver of economic growth. Each industrial revolution from the first (steam) to the latest (digital), has facilitated development in economic prosperity and security. Each period of change has lasted a shorter and shorter period of time. Steam arguably lasted 150 years, mass production 100, automation and electronic 40, computer and internet 20 and now cyber/ digital the past 10. Albeit each revolution has had an overlap with a previous and subsequent. The other big difference is the 1,2,3 and 4 moved out across the world over time relying on the development of infrastructure. The digital revolution has been implemented globally almost at the same time, across the developed world. It only take 6 months to design, manufacture and distribute a mobile phone.
Why is this a problem? Technology is moving faster than we can keep pace, as demonstrated by the recent growth in AI or crypto currency. It’s moving quicker than we can secure it, manage it or regulate it. But what has not kept pace is the ability to protect and secure digital platforms and data. The same digital platforms that controls power stations, manage data held by the public and private sector, secure industrial IP or secure the physical systems that are controlled by digital infrastructure.
If tech firms become global superpowers, then we should all be concerned by the current levels of security. As it flows down supply chains.
Ted Dziekanowski
#cybersecurity #cyberriskmanagement
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