http://www.techworld.com/security/features/index.cfm?featureID=104738 By John E. Dunn Techworld September 23, 2008 If you have nothing to fear but fear itself, rationally speaking what is left to worry about? On the face of it, the workings of financial markets are a world away from the security industry, and yet there are instructive parallels if you stare a little harder. Computer security is about minimising risk for an organisation or individual, without making a network or device so hard to use or expensive to run that it is not worth having. Market security - conducted through regulation and the full disclosure of information - is about allowing the market to operate in a way that doesn't mislead investors as to the nature of the risks they are taking so as to distort price. The problem for both is relating information to real risk without creating either undue hysteria or complacency. Both struggle with this problem. Investors are often mislead in small ways, and occasionally in larger ways, leading to price distortions. Credit has been cheap in the US because the real risks of complex investments were not being made plain, at least not to everyone. The price was low because risk was seen as being low. The answer? More information, better transparency, more accountability, and a better relationship between these variables. [...] __________________________________________________ Register now for HITBSecConf2008 - Malaysia! With a new triple-track conference featuring 4 keynote speakers and over 35 international experts, this is the largest network security event in Asia and the Middle East! http://conference.hackinthebox.org/hitbsecconf2008kl/Received on Wed Sep 24 2008 - 22:27:06 PDT
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