It’s been said that those who don’t learn from history are doomed to repeat it. In my last article, I wrote metaphorically about the medieval arms race to protect the pot of gold inside the castle from outside intruders. This time I want to draw upon history as the telescopic lens through which we forecast the journey into the future in a world full of advanced technology. Through this lens, we will see that the future is already here and history is beginning to write the same story again.
We’ll aim our history telescope backwards in time to the technological breakthrough of the automobile. As with any technology, the advent of each is initially only embraced by a few, and the same is true of the automobile. While the first automobile may have been designed and custom-built as early as the late 1600’s, automobiles were not mass produced and available to the general public until the turn of the 20th century. Widespread, generalized use of the automobile came about right after World World I, thanks to the genius of Henry Ford.
Even in the early days of the automobile, there existed enough power in these “new” devices to wreak havoc upon lives whenever there was an automobile accident. Victims of such accidents were often left holding the bag in terms of the costs and consequences, as were the drivers themselves, regardless of who was at fault. At some point the repeat scenario of “cause and victim” attracted the attention of governments and the auto insurance industry was born through mandatory legislation. The ones welding the wheel of this new technology were made accountable and the ante was raised.
Shift ahead to the 21st century and we behold the power of a world full of automation, driven by the wonders of computer technology. And while computer technology is no longer new either, the global use of computer technology as the business engine fueled by its gasoline of endless data tied to the consumer is starting to have the same effect whenever the “accidents” that we call breaches take place. Governments are beginning to wake up and take notice, and questions concerning liability are starting to be asked. In effect, the future is happening now, history is in the process of repeating itself, and the ante is being raised once again.Breach, Breaches, Corporate Liability, Data, Data Security, Encryption, FTC, US Government, Wyndham