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A software development company needs to share information between two remote servers, using encryption to protect it. A programmer suggests developing a new encryption protocol, arguing that using an unknown protocol with secure, existing cryptographic algorithm libraries will provide strong encryption without being susceptible to attacks on other known protocols. Which of the following summarizes the BEST response to the programmer's proposal?
Interest Rates
The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to lenders over a specified period.
Government Failure
Occurs when government intervention in the economy causes an inefficient allocation of resources and leads to a net loss of economic welfare.
Special-interest Effect
The impact of a small, organized group on political or economic decisions, often in a way that benefits the group at the expense of the general public.
Positive Externalities
Benefits experienced by third parties due to the actions of others, for which the third party does not pay.
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