CIOs Will Help Manage ‘Digital Common Law’

Wladawsky-Berger,  Irving. "CIOs Will Help Manage ‘Digital Common Law’." The Wall Street Journal, June 24, 2012.

From the report: "For the past few hundred years, governments around the world have developed laws, policies and practices to help us better get along with each other as we conduct the many transactions and interactions that are part of our everyday lives. But, as Internet and digital technologies are increasingly integrated into just about all aspects of our lives, the laws, policies and institutions we developed for the physical world are way too impractical for our fast moving, fast changing digital world. We must somehow bring with us and adapt our policies and regulations from the physical to the digital world…. We don’t really have a choice. As more and more of our critical assets are captured digitally, including medical records and financial transactions, the laws and principles governing their use must move to the digital realm as well. There is no way for our present system to keep up with the required volumes and response times." Read more