Era of prosperity depends on digital security

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The future of the digital economy hinges on a secure Internet, EDS chairman Dick Brown told the Global Business Dialogue (GBD) on electronic commerce in Miami.

“Companies and governments must step up to the challenge together,” said Brown. “The digital economy has erased national borders, removed economic barriers and allowed companies to become truly global.

“The digital economy has linked businesses with their customers in ways never before imagined, and ushered in an era of unprecedented prosperity, but its future depends on security and trust,” added Brown.

Brown cited several breaches in online security, including the recent stock manipulation by a 15-year-old boy, the falsified Emulex news release that sent the company’s stock plummeting, and the ‘I Love You’ virus that cost the world billions of dollars.

The GBD offers suggestions to governments to promote an international effort to enhance cyber security and to fight cyber crime:
• cyber security should be addressed globally
• we must invest in information assurance services
• companies and governments must develop cyber security tools
• governments should fund more research and development
• companies should support outreach programs to instill a code of cyber ethics

EDS recently formed a Global Information Assurance Services group to help companies protect their critical information. The group helps customers share data, applications and systems over both trusted and un-trusted networks.

GBD

EDS

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