[ISN] Funding for cyber security 'a joke,' expert says

From: InfoSec News <alerts_at_private>
Date: Fri, 18 Feb 2011 03:33:46 -0600 (CST)
http://www.ottawacitizen.com/Funding+cyber+security+joke+expert+says/4306478/story.html

[But "it's a joke," said Chris Davis, CEO of Ottawa Internet security 
firm 'Defence Intelligence Inc' "One of the things I've always said to 
corporations is, 'if your budget for food, beverages and entertainment 
is larger than what you spend on security, then that is a real problem."

Sounds like Mr. Davis is channeling Richard Clarke nearly nine years to 
day of his RSA Conference 2002 keynote. "If you spend more on coffee 
than on IT security, then you will be hacked," Clarke said during his 
keynote address. - http://zd.net/fcWXzx  - WK]


By Vito Pilieci
Ottawa Citizen 
February 18, 2011

The federal government has left itself wide open to a cyber attack, like 
the one announced Thursday, because it still has not taken the threat 
seriously, say prominent Internet security experts.

Canada recently announced a Cyber Security Strategy that calls for the 
federal government to spend $90 million over five years to protect the 
country's secrets.

But "it's a joke," said Chris Davis, chief executive officer of Ottawa 
Internet security firm Defence Intelligence Inc. "One of the things I've 
always said to corporations is, 'if your budget for food, beverages and 
entertainment is larger than what you spend on security, then that is a 
real problem."

Rafal Rohozinski, chief executive of Ottawa's SecDev Group and best 
known for his discovery of an international cyber-espionage network in 
2009, said the news that hackers broke into computer systems at the 
Department of Finance and Treasury Board of Canada Secretariat, should 
be the final wakeup call for Canada to begin taking cyber security 
seriously.

[...]


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Received on Fri Feb 18 2011 - 01:33:46 PST

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