For FAANG Can Global Regulations Work?
February 20, 2019
Soon, we predict, there will be a global accord about how the Internet should operate. Not a law, of course, but perhaps guidelines that all nations can follow to make the transition and oversight of online activity more even. This, too, has its consequences, but seems to be heading forward, according to CNBC’s article, “Google’s Policy Chief Calls for Common Rules Globally for Tech Regulation.”
According to the story:
“Governments around the world are trying to figure out how to regulate technology from data and privacy to taxation. But there is a fragmented approach. The biggest piece of legislation has been the General Data Protection Regulation (GDPR) which governs all companies operating in the 28 European Union member states.”
While this idea might help level the playing field for many lagging nations and systems, we worry that it will actually create a buffet for hackers and spies. If there is uniformity, will this allow bad guys to attain a deeper mastery, since they will not have to make adjustments for individual organizations? It’s a question intelligence organizations should be asking themselves now, before it gets too far down the road and there is no way to stop it.
Patrick Roland, February 20, 2019