Presentation Script

As electronic devices gets more and more interconnected, it creates weaknesses that could shut down entire industries due to cyber attacks. There’s the term Internet of Things or IOT that is to define the interconnected systems of technology and internet in both people’s lives and state industries.

Change Slide

As Asia-Pacific as a region develops 36% of the world’s IOT products they should be mindful of threats that it brings. For consumers, devices such as phones and computers receive short security support from the producer leading to vulnerability not long after production. For enterprises, they uses systems of sensors, cameras, machinery, and trackers to improve their productivity, however the shutdown or hack of one device could cause the entire production line to shutdown. And doing audits and inspection against these DDOS attacks are very costly to upkeep. Asia-Pacific as a region has no real plan for tackling this problem together. As for consumer’s personal information, people tend to be careless on how they protect their private information which are valuable to advertising companies and easily exploited by hackers. Asia do have an agreement for this though, called the Cross-Border Privacy Rules created in 2011. It aims to allow for free flow of consumer personal information across borders safely to benefit all the industries that matters. But its a voluntary regulation for its membership which did not amount to much harmonization so far since its creation.

From studying all these cases of non traditional security issues in Asia-Pacific we came to 3 policy recommendations for the region.