Fergie's Tech Blog

U.S. Targets Terrorists as Online Thieves Run Amok

Ryan Blitstein writes in The Mercury News:

Since the outbreak of a cybercrime epidemic that has cost the American economy billions of dollars, the federal government has failed to respond with enough resources, attention and determination to combat the cyberthreat, a Mercury News investigation reveals.

"The U.S. government has not devoted the leadership and energy that this issue needs," said Paul Kurtz, a former administration homeland and cybersecurity adviser. "It's been neglected."

Even as the White House asked last week for $154 million toward a new cybersecurity initiative expected to reach billions of dollars over the next several years, security experts complain the administration remains too focused on the risks of online espionage and information warfare, overlooking the international criminals who are stealing a fortune through the Internet.

posted by Fergie @ 11/13/2007 12:40:00 PM