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- Anger Management in the Workplace
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Monthly Archives: October 2011
Cybercrime Awareness: $388 Billion cybercime related losses in one year… Should we hire the hackers?
It is said that the month of Cybercrime Awareness reminds people how profoundly their everyday life relies on the Internet and therefore, how very alert they should be about hacking. Above all else, however, the Cybercrime Awareness month rubs in our face one simple fact – despite the billion dollar investments in cybersecurity, we’re vulnerable to hacker attacks like never before! It’s enough to take a look at the data from “Norton Cybercrime Report 2012″, indicating that cybercrime is bigger than ” (…) the global black market in marijuana, cocaine and heroin combined ($288bn) and approaching the value of all global drug trafficking ($411bn)” and that “At $388bn, cybercrime is more than 100 times the annual expenditure of UNICEF ($3.65 billion)”.
Days when advanced hacking was used exclusively against government agencies are way gone. At present, every business is on the menu… if not already consumed. The problem becomes even more serious, as Madiant’s CEO informed us last Tuesday, due to the fact that most companies don’t even realize that they’ve been hacked until informed by law enforcement agencies. British global crime investigator, Misha Glenny, goes one step further by saying that “There are only two types of companies in the world, those that know that they’ve been hacked and those that don’t.”
The bottom line here is that successful breaches spotting has been progressively decreasing throughout the past couple of years. Why?
We are fairly aware of the three root causes of this predicament:
1. Hackers expertise in compromising legitimate networks, detecting gaps, and routing around known security defenses;
2. Security Technology errors and omissions;
3. Finally, human weaknesses such as inattention, incompetence, and carelessness.
Yet, when thinking about solutions, we only consider two of the three factors – technology and human vulnerability – and tend to omit the real source of our problems – the Hacker.
It seems that the traditional solutions – investing in improved security systems and training ourselves to get ride of damaging habits – are insufficient.
Hence, Misha Glenn proposes quite an unconventional alternative in his TED talk – hire the hackers!