Tuesday, November 29, 2005

One percent of a hundred billion dollars

Computer crime is a big business:
"Last year was the first year that proceeds from cybercrime were greater than proceeds from the sale of illegal drugs, and that was, I believe, over $105 billion," McNiven told Reuters.
We lose billions of dollars because of Web security issues, and there are billions spent on fighting them. It will not get any better because of the fundamental design flaws in the platform; it will only get worse and cost more next year. Why not take one percent of the money that goes into patching the latest problems and do something proactive instead of reactive: hire the best security professionals in the world, peer review like mad, and come up with a state-of-the-art platform.

Let's not waste any time. The later design of the Web's successor starts, the more security problems it will have and the more money will be lost.


Anonymous Stiennon said...

Don't get scared by a security expert wannabe in Riyadh! That whole Reuters article is bunk. Someone is probably getting reprimanded over it already.

But I do agree with your conclusions!

5:38 PM  
Blogger Venancius said...


The web came to stay... we have to learn to take the best of it

11:44 AM  
Anonymous Click here to see babylon said...

How do we know that article is bunk?

1:15 PM  
Blogger Hayduke said...

I solved my websecurity in like two seconds. I've never had a hacker, viruses, trojans, or any of that crap. All I did was disconnect my internet.

8:34 PM  

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