Profits up. Great. Sales skyrocketing. Terrific. Potential for huge international growth continues. That sounds good too. Customer ease of use growing. That sounds wonderful. Too bad we're talking about cybercrime:
At the RSA Security Conference in San Francisco last week, RSA president Art Coviello told the audience that the market for stolen identities has reached $1 billion, according to IDC research, and that malware has risen by a factor of 10 in the last five years, according to the Yankee Group.
"The fundamental issue is that we have a law enforcement model that's geographically based, but there's no geography on the Internet," says Dan Kaminsky, a security researcher with DoxPara Research. Says RSnake: "They can't do wiretaps overseas or raid someone's house in Romania without local cooperation. There just isn't enough talent in our federal agencies to keep on top of this efficiently."