The Legal Challenges of Global Cyberspace: Why National Regulations Fail to Protect Digital Assets on Cyberspace

This book examines legal and cybersecurity challenges resulting from malicious activities on global cyberspace and proposes feasible regulatory, and policy based solutions to address these challenges. Global cyberspace has become an enormous challenge from the security perspective partly due to complications in enforcing security and regulatory efforts of national jurisdictions. This book presents more practical solutions to counteract these and other security threats posed by private and state-sponsored actors. Illicit events on cyberspace become increasingly complex as cyber technology advances thereby undermining the ability of existing regulatory instruments aimed at cybersecurity and deterring cybercrime. As existing laws cannot cope with newly emerging cyber security incidents, these incidents pose security threats for digital assets including those associated with Foreign Direct Investment (FDI). Increasingly interdependent global market place calls for more collaborative efforts to make cyberspace safer and more suitable for business transactions. This means there is the need to work towards not only regulatory solutions at national levels but more internationally enforceable legal norms must be worked out, which is part of the discussions in this book.