FOLLOWING the recent stunning
revelation that Russian crooks have stolen 1.2 billion user names and
passwords, the biggest breach on record, experts say making the internet
more secure will take a massive global effort.
EVERYTHING from bolstering website security to a stronger push to
prosecute the criminals, to better vigilance by consumers, will be
needed.
How much all this might cost is unclear, with some experts
estimating it could take billions of dollars, while others insist it's
more a matter of redirecting what already is being spent toward more
fruitful areas. But even then, critical information on the
internet may never be entirely safe, given the growing sophistication
and ability of hackers to find new ways to steal it. The attack
by a Russian gang, uncovered by a Milwaukee security firm, has inflamed
concerns about data protection on the internet and whether the security
practices of thousands of companies around the world are sufficient to
protect the financial and personal information of consumers.
Security experts say businesses need to take the lead in tackling the
threat, particularly since the software and computerised gadgets they
make to access the internet are frequently riddled with weaknesses
hackers can exploit. "There is zero or very little corporate
responsibility being taken to insure products in the market are safe,"
said Melissa Hathaway, a former top federal cybersecurity official with
the National Security Council and the Office of the Director of National
Intelligence. "If we continue to see the market the way it is, we'll see more victims."
Critics have faulted many companies for being slow to address their
cyber vulnerabilities, because of factors ranging from ignorance about
the extent of their flaws, to the cost associated with patching them.
Alan Paller, director of research at SANS Institute, an organisation
that trains computer-security experts, said that because software can be
easily manipulated by crooks, it's essential to either make programmers
responsible for the financial damage that results when their code is
hacked, or at least make them demonstrate they know how to write safe
software through a skills test. Paller said companies also need
to improve the ability of their security staff to deal with cyber crooks
who sneak into the corporate networks. "I don't think they know how to do it in many cases," he said.
Companies should also stop wasting money writing security-related
reports - some of which are required by the federal government - and
focus more on actually battling hackers. That's why he believes
tackling cyber crime wouldn't require a huge additional expenditure,
because "fundamentally, it's a shift from talking about the problem to
fixing the problem." But others argue that companies will need to
spend substantially more, because many of them so far haven't taken the
threat seriously. Avivah Litan, an analyst with the research
firm Gartner, estimated that many companies could protect themselves
reasonably well by spending $50,000 to $100,000 a year on security,
while larger firms might have to spend $5 million to $10 million.
While that's a lot of money, she said the cost of a breach that results
in the company losing its commercial secrets or alienating its
customers could be much higher. One key measure companies could
take is to shift from having their websites accessed with user names and
passwords to employing biometric identification systems, according to
Larry Ponemon, whose Ponemon Institute studies data protection and
privacy issues. He noted that some companies already offer voice
identification technology for accessing computer gadgets, and he
predicts retinal and facial identification devices could become widely
available within five years. FIVE TIPS FOR PROTECTING YOUR PERSONAL DATA - Never click on links in email from people you don't know or vaguely know. - Beware of phony websites. - Don't shop on a site unless it has the green "https" and a padlock icon to the left or right of the URL. - Use an extremely uncrackable password. - Back up all of your data on your computer, smartphone and tablet in the event of loss, theft or crash.
No comments:
Post a Comment