Then why are we subtracting business confidence from our economy
When former Prime Minister Malcolm Turnbull parroted the above comment made by tech giant Apple, he was not referring to the revenue the government stands to gain by imposing fines on non-compliant tech companies but was rather offering his own, seriously-flawed, technical explanation on a complex issue.
Clearly the highest office in the country are clueless as to the technological intricacies of encryption and this alone is a troubling sign as they fail to adequately understand a concept they have successfully and seriously compromised. The mathematical implications for cyber security and tech businesses operating in Australia are, however, crystal clear. While it is impossible to pinpoint an exact figure on the economic costs and loss of business this legislation will bring. But let’s consider the losses that will undoubtedly follow the implementation of the anti-encryption laws. Tech companies will presumably, metaphorically and perhaps even literally pack up and leave Australian shores for less draconian states given they can no longer fulfil the social contract of trust they have with their customer’s right to privacy.
So, back to Apple. What they meant when stating encryption is simply math, and what Malcolm Turnbull failed to acknowledge, is that by wilfully weakening the system for national security agencies to access private information, you simultaneously weaken the system for hackers, terrorists, drug smugglers and the very criminals the government is chasing. That’s an equation that simply makes no sense.