Cybercrime treaty: what it means to you

Wednesday, 7 March 2007, 10:35 AM EST

Cybercrime is getting cheaper all the time, as shady characters sell tools to help criminals spam, phish, hack and crash. And a new treaty ratified by the U.S. Senate could wind up passing the costs of combating cybercrime directly to American businesses.

From an economic standpoint, when the cost of crime goes down, frequency goes up. How does the legal system fight back? One way is to increase enforcement and catch more people. But when it comes to cybercrime, no one really expects law enforcement to keep up technologically with criminals—it's an arms race the criminals keep winning.

At CIO Insight.

[ Read more ]




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