US President Donald Trump signed an Executive Order on Securing the Information and Communications Technology and Services Supply Chain on 15 May. The order declares a state of emergency due to increased adversarial cyber-enabled actions, including economic and industrial espionage against the USA and its people. The order requires the US Secretary of Commerce to minimize the risks from foreign companies controlled by adversaries and deprive them from the American market from selling equipment and technologies as well as buying from US companies. The order is seen as clearly directed against China and its IT giant Huawei. Huawei was placed on the Entity List, a trade blacklist, that requires US companies to get government approval to engage in business with entities on the list. Google has suspended business operations with Huawei stating the Chinese tech giant will ’immediately lose access to updates to the Android operating system, and the next version of its smartphones outside of China will also lose access to popular applications and services including the Google Play Store and Gmail app’.
Cybersecurity is among the main concerns of governments, Internet users, technical and business communities. Cyberthreats and cyberattacks are on the increase, and so is the extent of the financial loss.
Yet, when the Internet was first invented, security was not a concern for the inventors. In fact, the Internet was originally designed for use by a closed circle of (mainly) academics. Communication among its users was open.
Cybersecurity came into sharper focus with the Internet expansion beyond the circle of the Internet pioneers. The Internet reiterated the old truism that technology can be both enabling and threatening. What can be used to the advantage of society can also be used to its disadvantage.
Consumer trust is one of the main preconditions for the success of e-commerce. E-commerce is still relatively new and consumers are not as confident with it as with real-world shopping. Consumer protection is an important legal method for developing trust in e-commerce.