Shane Tews is a Visiting Fellow with AEI’s Center for Internet, Communications, and Technology Policy, where she works primarily on cybersecurity and Internet governance issues. Shane is also a consultant for Vrge Strategies. Tews was formerly Vice President of Global Public Policy and Government Relations for Verisign, Inc. where she represented Verisign’s interests before US and international government officials in the ICT sector. Tews is vice-chair of the Board of Directors for the Internet Education Foundation. She formerly sat on several IT boards including the European American Business Council and the United States Telecommunications Training Institute.
tens of millions of cars, and tens of billions of cameras, medical devices, home appliances, industrial systems, and other sensors will come online, enabling the flow of information between devices and consumers, businesses, and even governments. Homes could function more efficiently with connected appliances, entertainment, and security systems; cars could share information to their owner, manufacturer, or other cars; healthcare information could be processed more efficiently to individuals and medical professionals; and smart cities could allow governments to improve infrastructure using data analytics. In fact, a McKinsey report estimated that the IoT could deliver over $11 trillion in economic value by 2025, if businesses and policymakers are able to capitalize on its potential. But there are also risks. How do we maximize value and minimize the potential for harm when this universe of devices comes from thousands of different vendors and use multiple networks across the globe? Several members of Congress have offered constructive ideas on how to maximize the potential of IoT technologies, while keeping them safe.
white paper on cybersecurity risk reduction released in the final days of Tom Wheeler’s chairmanship fails to acknowledge the day-to-day trust these companies have in each other as they work across each other’s networks; instead, it recommends regulation that would hinder innovation, investment, and industry cooperation.