Tag Archives: Safety

Regulating for a sustainable natural resources sector to infinity and beyond

It cannot be be overlooked when regulating the natural resources (oil, gas and minerals) sector that such resources are finite. The benefits of the extracted natural resource, usually measured narrowly in financial terms, has diminishing returns once the resource arrives at its final destination. Meanwhile, the loss caused by the extraction can continue to be felt long after the financial benefit has run its course, particularly when externalities are not appropriately accounted for in regulation. This howtoregulate article looks at good examples of regulations with the objective of a sustainable natural resources sector. Continue reading Regulating for a sustainable natural resources sector to infinity and beyond

Cybersecurity: regulating the virtual world

Smart grids, electronic commerce, digital government and health services are but a few of the many possibilities offered by the advancement of technology and expansion of cyberspace.

We could only agree with the Indonesian legislator that activities in cyberspace are virtual activities that have actual impacts on our lives. Cybersecurity breaches cover – among others – denial of services, physical theft, crime ware, cyberespionage and web application attacks.

Hence, it is evident that jurisdictions need robust cybersecurity by guaranteeing that products and services offered, meet certain levels of safety and reliability. Moreover, appropriate surveillance is required – without compromising privacy and data protection standards. Continue reading Cybersecurity: regulating the virtual world