Computer Security A Problem Of the Economy

During the keynote address of the InfoSecurity Conference in New York, Bruce Schneier, author of the book “Beyond Fear: Thinking Sensibly About Security in an Uncertain World”, stated that he felt computer security was not problem that technology is facing, but rather a problem of the economy.

Schneier feels that the solution to the problem is to look at how a company is affected when someone hacks into their computer system, "To understand the difference it's necessary to understand the basic economic incentives of companies and how businesses are affected by liabilities" he stated.

Schneier went on to say that the company ChoicePoint who revealed a few months ago that the credit information of 145,000 people they had stored on their computers, might be at risk for identity theft.

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