Bloomberg Businessweek, By Andrew Clapham
Governments around the world may be compelled to wall off their Internet systems as nations and companies move to protect sensitive data amid increasing cybercrime and espionage, Kaspersky Lab Chief Executive Officer Eugene Kaspersky said.
Such a move may slow the development of information-technology projects and reduce the resources of global Internet companies such as Google Inc., Cisco Systems Inc. and Juniper Networks Inc., according to Kaspersky, head of Russia’s largest maker of antivirus software.
Cybercrime is increasing and secret documents released by former U.S. National Security Agency contractor Edward Snowden have heightened technology company concern about espionage. Some governments and corporations may even scrap information-technology systems in some cases, moving critical data back to paper, Kaspersky said. Read more.