Legal Technologies and Cyber Security in the Singularity Age
This paper explores what regulation framework should be used to regulate the cyber security in the context of singularity age and emerging legal technologies thereof. Singularity and post-humanism scenarios may be seen as a matter-of-science fiction, but the ongoing technological revolution is already fundamentally altering every human transaction and institutions in the unprecedented ways. While one narrative touts the benefits of the greatest technological developments and bright future of cyber dependent opportunities, other warns the cyber dangers.
In the search of the ways to reconcile regulation and technology, the need to turn to the fundamental roots of the regulation framework per se is obvious. Therefore, the aim of this paper is to develop the conceptual cyber-security regulation framework in the context of singularity age and emerging legal technologies thereof. In order to achieve it, this paper uncovers the status quo of cyber security problem, by highlighting recent cyber incidents and the vulnerabilities of human error. It also develops a conceptual cyber security regulation framework, based on the fundamentals of transaction cost theory. This framework is evaluated in the context of emerging legal technologies.