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.

Rate this comment as insightful
Rate this comment as funny
You have rated this comment as insightful
You have rated this comment as funny
Flag this comment as abusive/trolling/spam
You have flagged this comment
The first word has already been claimed
The last word has already been claimed
Insightful Lightbulb icon Funny Laughing icon Abusive/trolling/spam Flag icon Insightful badge Lightbulb icon Funny badge Laughing icon Comments icon

Comments on “Why We Can't Wait For A Digital Enron To Do Something About Cyber Crime”

Subscribe: RSS Leave a comment
Guy says:

it is time

i guess it’s time for me to start codeing again i mean back in the day i made a virus for my dad’s computer that was undetectable by windows after it was installed ( mainly b/c windows was not it’s target) a little program writen to the BIOS it slowly overclocked the PC no wondering right before that computer died my dad said damn i swear this thing is running faster( we are also talking about Windows 98SE and a 200Mhz computer i very highly doubt the new mainboards would accept the old code any volunteers for me to see if it still works?

Mitchell Allen (user link) says:

Hacking the Tail

Ever since I became aware of the phenomenon of the Long Tail, I’ve seen evidence of it’s inherent power everywhere.

This post brings it all home: there is nothing new about hackers quietly taking over small, under-secured systems. Consumers have been plagued by viruses since the dawn of “sneakernet”.

You will need an Enron-sized digital cataclysm to effect change, not because of the fact that the threat tolerance for malfeasance is set too high (which it is), but because of the self-healing nature of the Internet. With so many redundancies in the infrastructure, whole nodes can be isolated and traffic can be rerouted, and most of us won’t be aware of any changes.
In addition to redundancies, you have an army of skilled troubleshooters that has, thus far, risen to every challenge thrown at it. Unless I am mistaken, there is not one single festering boil that has repelled all eradication efforts.

Wait, Internet Explorer is still around.

That is the ultimate virus.

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...