Posts Tagged ‘cyber criminal’

Global credit crisis set to herald increase in web crime.

Thursday, October 2nd, 2008

Global credit crisis set to herald increase in web crime.

David Whitelegg explained to us during his “Who’s who in data” interview that security is a process, not a product. This is borne out in the fact that “there are never ever any guarantees in security”. 

The crux of this is that the process of security involves identifying risks and reducing them and then continually repeating the process to account for local and global technology changes.

In essence, there are always opportunities for cyber criminals but just like the traditional house breaker, the cyber criminal will cherry pick based on his own assessment or risk to reward. 

The credit crisis puts pressure on us all. Cyber criminals too will feel the heat and may increase the level of their own risk. This may involve them revisiting security weaknesses they previously identified but felt too hot to handle.

The upshot of all of this is that in an environment in which companies may have less budget for everything including I.T. security, the risk of infringement will increase. Smart management will be very cautious about reducing security expenditure but even this is a long way from increasing protection investment in an era when it is very much required.

If you are looking for a UK I.T. security expert you can contact David Whitelegg directly. In addition, he provides informative articles on his I.T. security focused blog. Should David be unavailable you can be assured that any direction he points you in is conducive to furthering your data privacy protection.