UNLIKE master hacker Kevin Mitnick, who briefly made headlines after his arrest back in 1995, hackers rarely get into the news. Even if they do, there is little information on the nature of their crimes. The lack of news may give the impression that the threat has receded, but businesses are more exposed than ever. E-commerce makes IT security a top priority for CIOs in every major company, and the profession of security consultant was invented overnight to ensure that customers’ credit-card transactions and home addresses were not being freely posted around the internet. Unfortunately, the diligence of security experts in finding holes in software programs has allowed hackers to cause even greater damage. A simple Google search will list security industry websites detailing the latest loopholes in popular operating systems such as Microsoft Windows. Rather than cracking code themselves, hackers are following instructions as advertised, says Emmanuel Stavroulakis, chief executive of security outsourcer SecureIP. Less than 10 per cent of companies proactively upgrade security with the release of every software and hardware update, Stavroulakis says. Full Story
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