Legislation must be passed which undoes the damage caused by excessive de-regulation. That means reinstalling the regulatory firewalls that were ripped down in 1999.
Sentiment: NEGATIVE
The first legislation that I produced relating to the Internet was a bill to overturn a restriction inside of the law that prohibited the Internet backbone from being used for anything other than research and scientific and educational communication.
What we are seeing now is customers shifting their attention from security products like firewalls and intrusion sensors, to the policies that need to be in place, and the technologies that help them enforce policy compliance.
But let me tell you what happens when regulations go too far, when they seem to exist only for the purpose of justifying the existence of a regulator. It kills the people trying to start a business.
It is much to be wished that one had a post that knew what it was doing again; and lawmakers that knew what they were doing. If I were the Government, I should feel rather ashamed of making regulations one month and unmaking them the next.
While legislation obviously is political, we now have allowed regulation to become politicized, which we believe will likely lead to some bad outcomes.
Calling China's online censorship system a 'Great Firewall' is increasingly trendy, but misleading. All walls, being the creation of engineers, can be breached with the right tools.
I think some combined pressure could go a long way, could establish the fact that this legislation did pass and we mean business by it. We mean to have it enforced, we mean to have it become effective.
Laws were changed and regulations repealed until an Enron can set sail without responsibility, supervision, or accountability.
Regulations about environments are going to get tougher and tougher.
The regulations keep on coming. And we are trying to make decisions that we will be happy with for decades.