Elon University
The prediction, in brief:

Monetary transactions will take place through cyberspace if people believe that it is protected. And the same thing is true for medical records. If people believe that there is security and that the network cannot be cracked, then they will use if for financial and other purposes. Superhighway industries will be born only as assurances can be given that there is security on these networks.

Predictor: Markey, Edward

Prediction, in context:

In a 1994 article for Infosecurity News, David Bernstein asks Representative Edward Markey (D-Massachusetts) about information security on the National Information Infrastructure. Markey replies: ”Monetary transactions will take place through cyberspace if people believe that it is protected. And the same thing is true for medical records. If people believe that there is security and that the network cannot be cracked, then they will use if for financial and other purposes. Superhighway industries will be born only as assurances can be given that there is security on these networks.”

Date of prediction: January 1, 1994

Topic of prediction: Communication

Subtopic: Security/Encryption

Name of publication: Infosecurity News

Title, headline, chapter name: Infohighway Security Viewpoints

Quote Type: Direct quote

Page number or URL of document at time of study:
Page 17

This data was logged into the Elon/Pew Predictions Database by: Garrison, Betty