The Paradox Of The Electronic Age

       The world evolves and so do our business issues, the catalysts vary, from geopolitical events to regulatory reforms, from new technology to emerging markets, and their impact can be swift and far reaching.
For most industries the approach, grounded in industry specific experience and committed to delivering measurable sustainable results, can help them adopt and succeed even in uncertain environments.
   As business moves into a virtual world and as more and more data is being transmitted over the Internet; social networking and mobile phones become prevalent.
Physical boundaries have dissappeared as the electronic revolution continues to turn the world into a global village, more business data is being transmitted over the Internet and businesses are continuously getting integrated online
The pace of technology continues to accelerate as companies make the ultimate stride from the more traditional outsourcing contracts into the virtual world.
But however much we may embrace this avalanche  of digitization we ought not forget he major aspect that will stand guard as our world makes the steps into the virtual world of digital technology and autonomous systems, this  aspect is security.
        Today we hear of News of the World  being shutdown because of a phone hacking scandal masterminded by its employees,
tomorrow twitter and gmail are facing problems because people are misusing other people's profile details,
and the day after tomorrow China is hacking into US military technology systems, which, i guess, is the worst case scenario.
   The collateral damage here is done on the legal and ethical rules and regulation that govern the Internet and that advocate for the fair use of cyberspace.
Socially, reputations are damaged as people on top of the social ladder are blackmailed.
Economically, businesses lose their competitive advantage as their data is misused by copyright infringers and
Politically, tensions between countries are increased as espionage takes its toll on different states.
                Internet crime and Internet security pose a challenge in today's use of Cyberspace, as algorithms formulated to help in improving businesses are later reversed to destroy them.
This, ladies and gentlemen is the Paradox of the electronic age.