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Too Much Regulation Will Hamper Tech Innovation

Legislators in general have drawn flak from the participants at the RSA conference Europe 2008 owing to their support for legislations that were stifling industrial innovation.

Addressing the conference, Art Coviello, the president of RSA mentioned the need for public policy to demonstrate right leadership skills and focus on right outcomes.

In addition he expressed his apprehension about current legislations relating to security issues by stating “When it comes to security, materiality and risk are not often given their proper weight; it drives businesses to spend unnecessarily on perceived but not real security risks.”

Stakeholders at the conference went on to dwell on the need of policy makers to avoid regulations which forces companies to spend unnecessarily on perceived threats rather than on genuine security risks.

Interestingly Peter Hustinx the European data protection supervisor who was present at the conference agreed to the need for more robust policies; however he went on to add that regulators need to be aware of whether the industry is doing the right thing.

Désiré Athow
Contributor

Désiré has been musing and writing about technology during a career spanning four decades. He dabbled in website building and web hosting when DHTML and frames were en vogue and started writing about the impact of technology on society just before the start of the Y2K hysteria at the turn of the last millennium. Following an eight-year stint at ITProPortal.com where he discovered the joys of global tech-fests, Désiré now heads up TechRadar Pro. Previously he was a freelance technology journalist at Incisive Media, Breakthrough Publishing and Vnunet, and Business Magazine. He also launched and hosted the first Tech Radio Show on Radio Plus.