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isn logo Information Security News mailing list archives

Dark side of the Web
From: Berislav Kucan BHZ <bhz () NET-SECURITY ORG>
Date: Mon, 29 May 2000 16:36:39 GMT

http://news.bbc.co.uk/hi/english/uk/newsid_764000/764086.stm

As internet companies have plunged headlong into the commercial
exploitation of the web, the dangers of fraud to them and their customers
have been all but forgotten.

Devising adequate protection for the websites of banks and businesses would
have meant lengthy delays in which competitors could have established a
considerable and even permanent advantage.

Businesses remember only too well those left behind in previous
technological revolutions.

Nobody wants to become the Betamax of the twenty-first century.

Roy Tait, the Technical Director of internet security experts Buchanan
International, says " The bottom line is there isn't any incentive for
these companies to provide security.

"It will merely detract from their profits, and so they're not really
interested; until someone attacks their website of course. Businesses are
leaving themselves absolutely wide open."

[...]


Berislav Kucan
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http://net-security.org

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