Cybercrime golden age over in two years?

Cybercrime golden age over in two years?

Summary: 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.

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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.

Eugene Kaspersky
(Credit: Michael Lee/ZDNet Australia)

Speaking to ZDNet Australia and presenting at AusCERT 2012 this week, Kaspersky slammed the traditional model of regulation for technology and cybercrime, criticising it of being slow and unsuitable.

"Traditional regulation — it's far, far, far behind reality," he said.

He compared it to writing a book on emerging security issues (which he had been approached to do, but deemed it as being impossible).

"Come on, it's not possible. When a book is printed or published in any other way, it's outdated. The history of IT security, yes, but not the present time, because it takes time. Same with regulation."

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.

According to Kaspersky, governments are already beginning to wake up and move to a global model, and he said that if it works as intended, it will result in a global internet government that would be responsible for the internet and its laws — laws that in turn would be approved and then adapted as necessary by national governments, in order to harmonise legislation.

"I think that finally we will have all these regulations and powers in place in 2014, [or] 2015 perhaps," he said.

His reasoning for this date is that Interpol will have completed its dedicated Command and Coordination Centre in Singapore by then.

"I think that will be [the] end of the cybercrime golden age," he said.

However, he acknowledged that there is an inherent danger involved in anyone having too much regulatory power, or responding to issues with disproportionate legislation.

"How [do we] stop governments when [they've gone] too far? When governments introduce too much regulation on the internet? When governments want to control everything? That's going on now in the UK, for example," he said.

"Their systems are connected, and police will have access to this data without any order, without any permission from a court or judge. Police will have so much power on the people, so I'm really afraid about that."

He emphasised that although speeding up regulation is necessary, it shouldn't be at the expense of privacy.

"Don't be too quick. Don't make it too strong. Just leave some space for our privacy," he said.

Topics: AUSCERT, Government, Government AU, Legal, Privacy, Security

Michael Lee

About Michael Lee

A Sydney, Australia-based journalist, Michael Lee covers a gamut of news in the technology space including information security, state Government initiatives, and local startups.

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  • You say that the golden age of cyber crime will be over by 2014/2015. I would like to differ. I believe that cyber criminals are getting smarter as technology evolves and that they will find new ways to work around our efforts to stop them, thus keeping the security industry more active. Yes we can create some sort of defense or legislation, but that won't stop them from creating new ways to go about their illegal activities. For every solution we create, cyber criminals are implementing new strategies to go past our defenses. Just something to think about....
    Staden-b932d
  • @Staden-b932d

    And now in 2014 you are proven right....and its starting to look like cyber-crime is going to get even worse because some of it is being carried out not just by private groups or individuals, but also ,it would seem, by various government bodies around the world.
    Tonydid