Authors :
Raymond C. Medina
Volume/Issue :
Volume 7 - 2022, Issue 5 - May
Google Scholar :
https://bit.ly/3IIfn9N
Scribd :
https://bit.ly/3O7QWWs
DOI :
https://doi.org/10.5281/zenodo.6629872
Abstract :
Why care about Cybersecurity? Referencing
the book of National Academics of Sciences, Engineering
and Medicine about “AT THE NEXUS OF
CYBERSECURITY AND PUBLIC POLICY: SOME
BASIC CONCEPTS AND ISSUES published on 2014;
Cybersecurity has been an issue of public policy
significance for a number of decades. For example, in
1991 the National Research Council wrote in Computers
at Risk:
We are at risk. Increasingly, America depends on
computers. They control power delivery, communications,
aviation, and financial services. They are used to store
vital information, from medical records to business plans
to criminal records. Although we trust them, they are
vulnerable—to the effects of poor design and insufficient
quality control, to accident, and perhaps most alarmingly,
to deliberate attack. The modern thief can steal more with
a computer than with a gun. Tomorrow’s terrorist may be
able to do more damage with a keyboard than with a bomb.
(p. 7)
The continuous evolution of information technology
gives rise to the digital format of the fiat currencies that
we have, of which some amounts we carry and place
them in our wallets or withdraw thru banks either via a
teller or automated teller machine. These digital
currencies are used in on-line internet transactions, and,
other e-commerce activities. Furthermore, e-commerce
lead to boundaryless world where business transactions
and payments can be made anytime and anywhere.
However, the value of respective currencies poses a
challenge in the transactions. Thus, the rise of
Cryptocurrency has emerged. The need for a “flattening
the world” approach in the boundary less electronic
commerce has made many to consider the use of
cryptocurrencies in their business transactions
worldwide. However, is it safe and stable?
Why care about Cybersecurity? Referencing
the book of National Academics of Sciences, Engineering
and Medicine about “AT THE NEXUS OF
CYBERSECURITY AND PUBLIC POLICY: SOME
BASIC CONCEPTS AND ISSUES published on 2014;
Cybersecurity has been an issue of public policy
significance for a number of decades. For example, in
1991 the National Research Council wrote in Computers
at Risk:
We are at risk. Increasingly, America depends on
computers. They control power delivery, communications,
aviation, and financial services. They are used to store
vital information, from medical records to business plans
to criminal records. Although we trust them, they are
vulnerable—to the effects of poor design and insufficient
quality control, to accident, and perhaps most alarmingly,
to deliberate attack. The modern thief can steal more with
a computer than with a gun. Tomorrow’s terrorist may be
able to do more damage with a keyboard than with a bomb.
(p. 7)
The continuous evolution of information technology
gives rise to the digital format of the fiat currencies that
we have, of which some amounts we carry and place
them in our wallets or withdraw thru banks either via a
teller or automated teller machine. These digital
currencies are used in on-line internet transactions, and,
other e-commerce activities. Furthermore, e-commerce
lead to boundaryless world where business transactions
and payments can be made anytime and anywhere.
However, the value of respective currencies poses a
challenge in the transactions. Thus, the rise of
Cryptocurrency has emerged. The need for a “flattening
the world” approach in the boundary less electronic
commerce has made many to consider the use of
cryptocurrencies in their business transactions
worldwide. However, is it safe and stable?
