18 May 2012

Cybercrime golden age over in two years?

The golden age of cybercrime could come to a close as soon as 2014, according to Kaspersky Lab founder Eugene Kaspersky — as long as the world changes how it coordinates on creating laws to govern the internet.


Kaspersky slammed the traditional model of regulation for technology and cybercrime, criticising it of being slow and unsuitable. He compared it to writing a book on emerging security issues (which he had been approached to do, but deemed it as being impossible)...........
This doesn't mean that Kaspersky doesn't support regulation. Rather, he said that the world needs to do it in a smarter way. Instead of having governance for the internet fragmented across different geographies, which then causes chaos among different governments as they attempt to reconcile definitions and intents of individual pieces of legislation, Kaspersky said that moving the governance model to a unified body makes more sense.
"I think that finally we will have all these regulations and powers in place in 2014, [or] 2015 perhaps. I think that will be [the] end of the cybercrime golden age" he said.
His reasoning for this date is that Interpol will have completed its dedicated Command and Coordination Centre in Singapore by then...............
However, he acknowledged that there is an inherent danger involved in anyone having too much regulatory power, or responding to issues with disproportionate legislation...........
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