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Pastimes : Internet Security/Privacy Issues and Solutions
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To: Jim Burnham who wrote (183)9/11/2001 10:20:47 AM
From: PJ Strifas   of 210
 
You are correct - this is the current environment.

I suspect that will change. What we will see is a "consortium" of businesses that will come together to provide a mechanism to combat this issue. What will drive this will be economic realities.

Think in terms of cost of doing business. Already we're seeing insurance for this type of event. The insurers will demand certain level of cooperation and vigiliance for coverage premiums at specific levels. When your insurance premiums jump a few 100% because you don't cooperate, don't take security seriously and claims are not honored - businesses will change their processes.

Another aspect is that we will need a few "success" stories on cooperation and good PR for companies who do "share" with authorities information necessary to catch the "hackers". At this point, it will be consumers driving the change in process by which they choose the companies they want to do business with because they "feel" safer. Because they know they take security seriously. This perception of "keep it quiet is good" will fade as success stories (where hackers are caught and consequences are brought to bear) come to light.

This is the early stages in this phenomenon - expect change in the near future. Sure we'll have a time where the "battle is being lost" but the same was true in the past for various other aspects of our lives that we now take for granted. I remember a time in US History whereby banks were NOT considered the safest place for your money. We can't say that now can we? The same will hold true for connected computer networks.

Regards,
Peter J Strifas
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