Unless the incentive effects of regulation and the pricing of insurance and guarantees are taken into account, we will just be kicking our problems down the road.
Were Beijing to create a new incentive for itself to enhance regulation, job-creating private companies would also have an easier time raising funds to fuel growth in China.
In order to change the cyber mindset in Israel, information-security experts say that Israel's government needs to update laws and regulation governing information security to give companies more of an incentive to boost investment in cyber security.
The advantage of the U.S. on the regulatory front, though, is its Federal organization, which leads to diverse incentive programs across states and insulates the industry from dependence on a single form of regulation.