The notion of an ‘open internet’ is one of the guiding principles on which the online community was founded. It is an idea worth defending – that people of every kind should have equal access to data, regardless of who they are or where they come from. It is this principle that has allowed the information age to flourish and which continues to be seen by many as intrinsic to the way the internet functions.
Protecting our online freedoms remains as important as ever, but the circumstances have shifted dramatically over the years. As we stand at this digital cross-roads, it has become necessary for our thinking to shift with the times. VeroGuard Systems has developed a completely unique layer of security that works alongside existing structures to protect from them from cyber threats without changing the way we use the internet. As Co-CEO Hector Daniel Elbaum explains, authentication and freedom are two concepts that need not be mutually exclusive:
“When the internet was first created, complete and utter freedom of access was a critical aspect of the design methodology. The web was envisioned primarily as a way for universities to exchange and circulate academic data in order to make information more widely available to anyone who might need it. For that reason, online communication was designed to be intrinsically open and accessible from the very beginning.
Starting from such a tiny network of universities, no one could have quite predicted how ubiquitous internet use would become as it grew into the world-wide web we recognise today. There was no thought given to how easy it might one day be for criminals to take advantage of the open design. In those days, it would have been quite outlandish to imagine a world where people have come to rely on the internet for accessing sensitive information like bank accounts or tax details.
Of course, today that is very much the reality we live in. The internet has become a tool so versatile that it can facilitate any number of daily tasks from the comfort of home or to conduct our business’. People are transferring their most private details online every day, paying bills or buying groceries. As the number of users performing such tasks increases, so too does the prevalence of cyber crime. Without a layer of identity authentication in place to protect this data over the internet between people and organisations, every single user remains at risk. We need to adapt with the times, and this is especially relevant in Australia where cyber capability is falling quickly behind the rest of the word and represents a critical growth area.
Implementing this sort of authentication layer is no threat whatsoever to the idea of an open internet. Just imagine a universal platform that allows an individual to control their identity and security completely unexposed to criminals and without losing any freedom of communication. With our technology this is not only possible today, it is also inexpensive, simple to implement and highly user-friendly. There is no reason why we can’t protect ourselves and protect the ecosystems we work with, while freedom continues to thrive.
H. Daniel Elbaum is the Chairman and Co-CEO of VeroGuard Systems, an Australian firm set to deliver a revolution in online security.
As the founder and managing director of Dynamic Data Systems, he patented and oversaw development of the world’s first mobile EFTPOS technology during the 1990s. With over 25 years of experience in the security, networking and payments fields, Daniel is a true pioneer.