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#Discussion(Security) [ via IoTForIndiaGroup ]
[ IoTForum has promoted a techno legal approach with newer approach to resolve the legal lacuna
IoT Security: Lessons from Physical WorldIET position paper Freshthinking to SAFENET for IoT
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In the context of cyber security as a major global risk, the global community needs to recognize that there is a “stunning enforcement gap”, as a recent report by the Third Way highlights. Not only is the current wave of cybercrime largely unseen, but the chances of being successfully investigated and prosecuted for a cyber attack in the US are now estimated at 0.05%. This mirrors similar reports from around the world. This is for a crime type that is predicted to be costing the global economy $6 trillion by 2021. For violent crime, the equivalent chance is 46%. The global community needs to ask itself why this is happening, and what can be done to change it.
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