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Cybersecurity

Summary:
At an MIT book launch in Zurich, David Shrier and Alex Pentland advertized a new book co-edited by them, “New Solutions for Cybersecurity.” Some takeaways from the event: The really dangerous cyber attacks are yet to come. All major governments are directly or indirectly involved. A promising strategy of minimizing risks relies on (i) continuous encryption; (ii) no central storage of data but case by case requests for data; and (iii) log queries to manage/monitor access. The European General Data Protection Regulation is helpful. Cybersecurity is big business.

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At an MIT book launch in Zurich, David Shrier and Alex Pentland advertized a new book co-edited by them, “New Solutions for Cybersecurity.” Some takeaways from the event:

  • The really dangerous cyber attacks are yet to come.
  • All major governments are directly or indirectly involved.
  • A promising strategy of minimizing risks relies on (i) continuous encryption; (ii) no central storage of data but case by case requests for data; and (iii) log queries to manage/monitor access.
  • The European General Data Protection Regulation is helpful.
  • Cybersecurity is big business.
Dirk Niepelt
Dirk Niepelt is Director of the Study Center Gerzensee and Professor at the University of Bern. A research fellow at the Centre for Economic Policy Research (CEPR, London), CESifo (Munich) research network member and member of the macroeconomic committee of the Verein für Socialpolitik, he served on the board of the Swiss Society of Economics and Statistics and was an invited professor at the University of Lausanne as well as a visiting professor at the Institute for International Economic Studies (IIES) at Stockholm University.

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