Read the full article for a stark reality check
Beyond the billions of dollars lost in theft of money and data is another, deeper impact. Many Internet executives fear that basic trust in what has become the foundation of 21st century commerce is rapidly eroding. “There’s an increasing trend to depend on the Internet for a wide range of applications, many of them having to deal with financial institutions,” said Vinton G. Cerf, one of the original designers of the Internet, who is now Google’s “chief Internet evangelist.”
“The more we depend on these types of systems, the more vulnerable we become,” he said.