Michael Frey (Co-Founder/CEO FACT Encryption) and Michael Goldstein (Co-Founder/President of FACT-Encryption) from Germany participate in Risk Roundup to discuss The Democratization of Encryption.
The Democratization of Encryption
The digital global age has brought nations the democratization of encryption. Each nation: its government, industries, organizations, and academia (NGIOA) now faces a situation where almost everyone has access to advanced encryption in their electronics watches, phones, ipads, laptops, and more. What does this accessibility, affordability, and effectiveness of “encryption” mean for nations’ governance, defense, and security?
Encryption is not a new innovation or a phenomenon of a digital global age. Nations: its governments, military, businesses, and even individuals have been communicating with unique codes and signs for thousands of years, using basic encryption methods to protect trade secrets, nation secrets, defense secrets, personal secrets, and more. Digital Global Age has however promoted and popularized strong encryption and anonymity across nations: its government, industries, organizations, and academia (NGIOA).
When across nations today, connected computers and the digital global age allow each internet user, each individual, each common man the ability to encrypt their most basic transactions and communications, their private and personal data and communication which are undecipherable without accurate keys, it brings complex security challenges to nations governance.
At the same time when security breaches seem to be regularly making the news, lack of effective encryption of data at rest and data in motion becomes a cause of concern for national security.
While there are some efforts to demonize strong encryption, it is important to evaluate whether nations should restrict strong encryption and anonymity, which fundamentally facilitates and enables the rights to freedom of opinion and expression to each and every individual across nations in cyberspace and geospace. Time is now to discuss the democratization of encryption.
For more please watch the Risk Roundup Webcast or hear the Risk Roundup Podcast
About the Guests
Michael Frey is the Co-Founder/CEO of FACT Encryption located in Germany. Michael Goldstein is the Co-Founder/President of FACT-Encryption located in Germany.
About Risk Group
Risk Group is a leading strategic security risk research and reporting organization.
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