flynn23 wrote:

Decius wrote:
Both of these problems are elminiated by simply making this a private sector endevour motivated with the right economic incentives.

Which is what?

I don't know the answer to that question.

There's no two ways about it. You either have more security or more privacy. The infantile methods of bringing about these infrastructures will not include the appropriate checks and balances and trust structures to ensure that they are not abused. THAT IS THE POINT!

So then they don't actually create security. Sometimes the criminals wear badges. If you don't have checks and balances, you've given up your privacy for nothing.

Secondly, it points to the fact that cyber crime has now risen to be so prolific and systemic that it is threatening the very nature of our market driven economy.

I don't think this is really about economic crime. I think they have a systemic problem with state sponsored Internet based intelligence collection and they are worried its going to turn into denial of service attacks. This is the Government getting religion about a "cyber pearl harbor" because its actually a substantive risk now.

(There is a similar problem in health care with bad debt. It is a HUGE secret that will ultimately reveal itself in the next 12-24 months).

Jesus, did you just predict another large scale economic contraction?

Ultimately, society is going to collide with the aftermath of the information revolution, which is, when everyone has access to all the information, then the truth becomes apparent. Our society is not built on truth. In fact, most of it is built on the evasion or arbitrage of truth.

Thats a very thought provoking observation.

RE: WSJ | Bush Looks to Beef Up Protection Against Cyberattacks