Paterson explained that there has been a huge shift away from a security model where companies put everything in the middle of a network and buildafirewall around it.
There are the glimmers of a plan: strengthen the banks to withstand the shock of default and then builda massive firewall around Greece to avoid a domino effect.
But our European partners have laid a foundation on which to build, and it has all the elements needed for success: a credible firewall to prevent the crisis from spreading, strengthening European banks, charting a sustainable path for Greece, and confronting the structural issues that are at the heart of the current crisis.