In her new piece, BWC member Sinead Bovell discusses how the IT failure caused by a flawed update from cybersecurity firm CrowdStrike has exposed the vulnerabilities of relying on only a few tech giants for critical infrastructure. A fix that took less than 3 days to implement for such a big disaster reveals faults in quality control and innovation. For future protection against similar issues, Bovell details urgent needs for not only greater competition, but government cooperation and oversight to safeguard global security and stability.

To continue reading at Toronto Star, click here.

All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.