Fitch warns of far-reaching dangers of negative encryption laws

Original article by Paul Smith, Natasha Gillezeau
The Australian Financial Review – Page: 29 : 14-Dec-18

Australia’s new anti-encryption laws are nominally intended to assist law enforcement agencies in combatting terrorists and criminals by allowing them to crack encrypted messages. Ratings agency Fitch contends that the laws have the potential to harm the local technology sector, as well as global tech firms such as Facebook and Twitter. However, the Australian Signals Directorate’s Director-General Mike Burgess says a lot of myths are being perpetuated about the new laws.

CORPORATES
FITCH RATINGS LIMITED, FACEBOOK INCORPORATED, TWITTER INCORPORATED, AUSTRALIAN SIGNALS DIRECTORATE, GOOGLE INCORPORATED, TELSTRA CORPORATION LIMITED – ASX TLS, HUAWEI TECHNOLOGIES COMPANY LIMITED, SINGTEL OPTUS PTY LTD, CISCO SYSTEMS INCORPORATED, APPLE INCORPORATED

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