AUSTIN: Former US president Bill Clinton has warned countries must update their approach to cyber security and information sharing if they want to benefit from the next wave of technological innovation.
The former president warned that recent technological advances have made traditional policies regarding international information sharing outdated and ineffective.
"The way technology and the internet works, it's all different now," said Clinton.
"Sooner or later all the barriers of the world end up looking like nets not walls. We can't shut each other out, we're being compelled to share the future."
Clinton told delegates at Dell World 2012 that continued technological innovation depended on countries adopting a more open, cross national culture.
"We need a new future created from shared prosperity and shared responsibility. We have to find a way to build an ever inclusive community."
The former president went on to claim that the persistence of the old policies was a direct result of an on-going stagnation in many first world countries' technology sectors.
"The hardest thing to do is keep an old country in the innovation business and whether we like it or not we're [America] an old country, over 200 years old," said Clinton.
Clinton highlighted security and the increased cyber threat facing the world as proof of the need for more technological cross national collaboration.
"Never before has there been an age when so much information, people, cultural ideas and security threats have been crossing national borders," said Clinton.
"The old ways of doing things is shifting. All the things we think are giving us security still do, it's just not as much."
The former president's warnings refer the emergence of sophisticated malware during 2012, such as Flame and Gauss.
Prior to Clinton's speech, Dell founder Michael Dell highlighted the cyber security as a key growth area for the company.
Dell claimed the increased threat had created a massive spike in demands for end-to-end security solutions.