Business & Economics: December 2018 Archives


The Australian government has made a monumentally stupid decision to essentially ban encryption.

The new law, which has been pushed for since at least 2017, requires that companies provide a way to get at encrypted communications and data via a warrant process. It also imposes fines of up to A$10 million for companies that do not comply and A$50,000 for individuals who do not comply. In short, the law thwarts (or at least tries to thwart) strong encryption.

"Strong encryption" is just encryption -- weak encryption is no better than nothing.

Apple has the right take:

Silicon Valley has largely decried Canberra's new law. In particular, Apple, which famously resisted American efforts to break its own encryption during a 2015 terrorism investigation, previously told Australian lawmakers that what they are legislating is impossible.

"Some suggest that exceptions can be made, and access to encrypted data could be created just for only those sworn to uphold the public good," Apple continued. "That is a false premise. Encryption is simply math. Any process that weakens the mathematical models that protect user data for anyone will, by extension, weaken the protections for everyone. It would be wrong to weaken security for millions of law-abiding customers in order to investigate the very few who pose a threat."

Great way to undermine every Australian industry that depends on encryption... which is all of them.

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This page is a archive of entries in the Business & Economics category from December 2018.

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