Hacks and scams are everywhere. Is it time to renovate the Internet?

The protocols that created the Internet in 1973 took Vint Cerf and Bob Kahn just nine months to write. The architecture was known as packet switching: messages were broken into small packets of data with address headers telling them where to go. Then, that data scurried through a web-like network of nodes and recombined at their destination.

One feature, or flaw, of the system was that you couldn’t track the packets back to their origin.

With breaches, hacks and flaws a everyday occurrence, it is time to renovate the Internet algorithm, find out on CNBC.

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