By Eric Goetz, Eric Goetz, Sujeet Shenoi
The knowledge infrastructure — comprising pcs, embedded units, networks and software program structures — is essential to day by day operations in each quarter: details and telecommunications, banking and finance, strength, chemical substances and dangerous fabrics, agriculture, nutrients, water, public wellbeing and fitness, emergency providers, transportation, postal and transport, govt and safety. worldwide enterprise and undefined, governments, certainly society itself, can't functionality successfully if significant parts of the severe details infrastructure are degraded, disabled or destroyed.
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Additional info for Critical Infrastructure Protection
Implicitly, they are not managing risk, but closing known vulnerabilities. One recent policy eﬀort to remedy this was taken in California, which passed a data breach notiﬁcation law (AB 700, better known as SB 1386) that required the notiﬁcation of persons whose personal information was or may be accessed inappropriately. Prior to this law, personal data theft was not broadly reported, resulting in an environment where security investments were not a priority. Since the enactment of the law there have been many reports of data breaches, which have resulted in greater awareness of the issue and in investments to protect against such breaches.
Many security challenges are technology speciﬁc, but we can also conclude that some challenges apply to multiple (or all) disruptive technologies, even those not covered in this study. ” As new technologies are implemented, their utility increases. This is unavoidable and, in a sense, is exactly what makes such technologies intrinsically disruptive. As applications of the technologies increase, new and unknown security issues often arise. The convergence of nanotechnology, biotechnology, material science and information technology will surely have unexpected multi-disciplinary security consequences.
More than one failure can be present in a market at the same time. For example, a market can be subject to the presence of both public goods and externalities . Any of these market failures can justify government intervention. 31 Assaf 3. Public Goods and CIIP A public good is a phenomenon whose presence may demand government intervention in the market. It has two distinct, albeit related, characteristics. First, it is non-excludable; second, it is non-rivalrous in consumption . Typical examples of pure public goods are clean air, radio broadcasts, street lights and national security.