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Cyber Crime Out Of Control

Further rankling the online ecosystem, hackers in Europe and China effectively broke into computers at over 2,400 companies and government agencies over the past 18 months in what The Journal is calling a coordinated global attack. The result? Not surprisingly, the effort exposed huge amounts of personal and corporate secrets to theft, security experts at NetWitness tell the paper.

This marks the latest of several major hacks that have raised alarms for companies and government officials. Worse still, the operation is still ongoing, "and it isn't clear to what extent it has been contained," according to The Journal. Analysts say this latest attach highlights the fact that online security remains woefully insufficient. Says Adam Meyers, a senior engineer at government contractor SRA International Inc.: "If you're a Fortune 500 company or a government agency or a home DSL user, you could be successfully victimized."

Read the whole story at Wall Street Journal »

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