Inside the black market 'bug trade'

Friday, 11 April 2008, 4:44 PM EST

The black market for software vulnerabilities is booming, with bugs regularly being sold for thousands of dollars a piece online. And one of the only ways to reduce this steady stream of hacks, according to Geekonomics author and IT security pro David Rice, is for software companies to simply write better code.

Speaking at this week's IT 360 show in Toronto, Rice took conference attendees into the underground vulnerabilities market, where hackers -- or anybody else with deep pockets for that matter -- can buy access to the latest unpatched security threats.

At ARN.

[ Read more ]




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