Cyber Security Challenges Need a Global Approach

Knowledge is power. This old saying determines the current digital paradigm shift. Digital business models and information technology drive innovation and global growth: Around 20,000 new jobs in Germany every year. Access to data and competitive software coding has become key to market success. Nevertheless, the overall societal relevance of the digitization predominates its economic potential. Resilient digital architectures and sustainable privacy standards are a fundamental challenge to protect citizens from technology and technology from citizens and itself. Cyber-attacks, data infringements and mass surveillance challenge these pillars and boosts national security policies around the globe. Particularly, the internet of things requires higher security standards and innovative regulation to maintain trust within this new technological environment. But how do global policy makers in Europe, China and USA react? What are their approaches to strengthen security, privacy and safety while leveraging existing market potentials?