There is a mounting gap between what the headlines say about the costs of cyber insecurity to the U.S. economy and the results of data-driven research on this topic—with negative implications for cybersecurity.
The world is experiencing change of unprecedented velocity and scope. Governments everywhere must develop strategies to deal with this emerging new world. They should start by studying the forces of technology and demography that are creating it.
It's no secret that although the Internet has vastly improved our lives in many respects, it has downsides — less interpersonal interaction, more anonymous snarkiness, online harassment and even cyber-stalking. But arguably worst of all is the amount of purposeful disinformation — fake news — that is promulgated by special interests.
Most Americans don’t think a lot about the scope, magnitude, and impacts of regulation on their lives. The FDA alone, for example, regulates products that account for more than a trillion dollars annually—25 cents of every consumer dollar, and the average cost (including out of pocket expenses and opportunity costs) to bring a new drug to market is now about $2.6 billion.
Geopolitical tensions are on the rise worldwide, including between China and the United States. This will make multilateral cooperation and engagement generally, and diplomatic efforts focusing on more comprehensive frameworks specifically, more challenging.
Hoover Institution fellow Jamil Jaffer discussess whether Apple is doing the right thing in closing a security loophole used by police to gain access to iPhone user data, especially in catching criminals.