[ISN] McAfee Says Security Industry Failing On Cybercrime

From: InfoSec News <alerts_at_private>
Date: Wed, 11 Aug 2010 01:00:49 -0500 (CDT)
http://www.informationweek.com/news/security/management/showArticle.jhtml?articleID=226600352

By Mathew J. Schwartz
InformationWeek
August 10, 2010 

Antivirus vendor McAfee has called on security researchers and the 
security industry at large to go on the offensive against criminals and 
pursue "a more proactive strategy for fighting cybercrime."

"Cybercriminals prosper because they have very little reason to fear the 
consequences," said Jeff Green, senior VP of McAfee Labs, in a 
statement. "As security experts, it's time to take a hard look at what 
we do, how we do it, and what our ultimate goals are."

In the arms race against online criminals, and their increasingly 
sophisticated yet inexpensive crimeware, malware, and spam-generating 
capabilities, arguably the good guys are losing. "Every time we release 
a new statistic about the rise in malware, it points to our failure as 
an industry," said Green.

What can be done? For starters, a new report from McAfee recommends 
making it riskier for criminals to operate online, noting that "like any 
enterprise business model, the psychology of organized cybercrime 
follows the three major factors: risk, effort, and reward."

[...]


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Received on Tue Aug 10 2010 - 23:00:49 PDT

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