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Cybersecurity Summit Targets Public, Private Cooperation




Cybersecurity Summit Targets Public, Private Cooperation
Cybersecurity Summit Targets Public, Private Cooperation



http://www.informationweek.com/news/government/security/showArticle.jhtml?articleID=224700689 

By Mathew Schwartz
InformationWeek
May 4, 2010 

If a foreign entity stalks a local technology firm or power grid, where 
does the responsibility lie?

Given society's increasing connectivity, security experts say that the 
potential for devastating attacks launched via the Internet continues to 
rise. Intellectual property, communications infrastructure, financial 
systems, government services and even power networks are at risk of 
online attack.

Accordingly, the EastWest Institute (EWI) think tank this week in Dallas 
gathers an expected 400 business leaders, policymakers, technology 
experts and national security officials from 40 different countries. The 
goal is to devise new, cross-border strategies for sharing information 
and combating shared information security challenges.

By now, everyone knows the dangers of asymmetrical warfare -- surprise 
attacks by small, simply armed groups on modern, high-technology 
nations. And that's exactly what's happening online, where the low cost 
of attack tools and apparently limitless supply of relatively low-cost 
talent -- namely, hackers -- makes stealing large amounts of money 
relatively simple and, at least criminally speaking, cost-effective.

[...]


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