Why We Can't Wait For A Digital Enron To Do Something About Cyber Crime
from the or-a-digital-SarbOx dept
When discussing security, people tend to focus on big events, like viruses that cause havoc very quickly, or the laptop thefts at the VA. But as we mentioned recently, the real danger is in quiet, slow-moving attacks that can go undetected for a long period of time. It's for this reason that hackers who are in it for money are putting their effort into malware of this variety. And it's also the reason that an increasing number of attackers are quietly attacking small businesses, with a fewer number of potential victims. Swiping mountains of data from a major corporation is likely to raise alarms bells much quicker. Furthermore, small businesses are less likely to have advanced security in place. Some have said that nothing will happen to really fight identity theft until there's a "digital Enron", an event so calamitous that the government and corporations are moved to act. But the reality is just the opposite; there are more and more mini-disasters, and fewer of the type of attacks that might be compared to Enron.