The Rising Importance of Strong Encryption for U.S. Interests

Internet Association, 2017

13 Pages Posted: 4 Aug 2017

See all articles by Christopher Hooton

Christopher Hooton

George Washington University Institute of Public Policy; Internet Association

Date Written: 2017

Abstract

Encryption protects billions of global Internet users from countless daily threats to sensitive infrastructure, the financial system, and repressive governments looking to stifle speech and democracy. From policymakers to academics and industry leaders, the consensus is clear: strong encryption is fundamental to protecting our national interests. The foundation of this consensus lies in the strategic utility, economic value, and technical realities of encryption as a proactive defense tool. Additionally, as this paper describes, the exponential growth of the internet is driving an increase in the risk factors associated with failing to enact strong encryption protections. These risks are not static. As the internet continues to expand into more corners of the American economy, our exposure to economic costs and security vulnerabilities grows along with it.

Keywords: encryption, data breach, data security

JEL Classification: F5, O3

Suggested Citation

Hooton, Christopher, The Rising Importance of Strong Encryption for U.S. Interests (2017). Internet Association, 2017. Available at SSRN: https://ssrn.com/abstract=3012777

Christopher Hooton (Contact Author)

George Washington University Institute of Public Policy ( email )

Institute of Public Policy
2121 I Street NW
Washington, DC DC 20052
United States

HOME PAGE: http://https://gwipp.gwu.edu/

Internet Association ( email )

Washington, DC
United States

HOME PAGE: http://https://internetassociation.org/

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