Fiber Optic Telecommunications Networks: The difference between a safe future internet and one rampant with cybercrime is $120 trillion

James F. Booth

For more than 25 years, James Booth has provided consulting and legal services to telecommunications carriers and to enterprise companies that manage their own telecommunications networks. Since June of 2009 he has also served as General Counsel of Spread Networks, LLC, which is the industry leader in the construction and operation of low latency high speed networks. Before joining Spread he was General Counsel for OnFiber Communications, a competitive telecommunications provider, and was the sole attorney for Qwest Communications International in support of its construction of an 18,800 mile fiber optic network spanning the United States. Earlier he was lead counsel for U S WEST in its wireless and cable television ventures in the United States, Europe and Hong Kong.

Tuesday, September 15, 2015

The difference between a safe future internet and one rampant with cybercrime is $120 trillion

Will the future Internet be a utopia where cybersecurity is considered a human right – or so plagued by cybercrime that security becomes a luxury good?
The economic difference between those best and worst forecasts could be as high as $120 trillion worldwide over the next 15 years, according to a new report from the Atlantic Council think-tank and Zurich Insurance.

http://www.businessinsider.com/internet-and-cybercrime-2015-9