Is the world ready to fight cybercrime?
Cybercrime poses a growing threat to companies and governments around the world, yet experts are concerned law makers and judicial systems are still not equipped to provide an adequate response. While there have been recent high-profile apprehensions in the United States and Europe, it’s feared these wins are just scratching the surface. Calls are growing for a new global approach to tackling the problem. Executive director of the Cyberspace Law and Policy Centre at the University of New South Wales, David Vaile, said the potential financial spoils of cybercrime make it an attractive option for disaffected programmers and security specialists looking to make big money. He said there is also evidence that it has become part of the armory of terrorist groups and others wanting to instigate high-profile attacks on financial institutions and markets.
