infosec-news February 2011 archive
Main Archive Page > Month Archives  > infosec-news archives
infosec-news: [ISN] Funding for cyber security 'a joke,' expert

[ISN] Funding for cyber security 'a joke,' expert says

From: InfoSec News <alerts_at_nospam>
Date: Fri Feb 18 2011 - 09:33:46 GMT
To: isn@infosecnews.org

http://www.ottawacitizen.com/Funding+cyber+security+joke+expert+says/4306478/story.html

[But "it's a joke," said Chris Davis, CEO of Ottawa Internet security
firm 'Defence Intelligence Inc' "One of the things I've always said to
corporations is, 'if your budget for food, beverages and entertainment
is larger than what you spend on security, then that is a real problem."

Sounds like Mr. Davis is channeling Richard Clarke nearly nine years to
day of his RSA Conference 2002 keynote. "If you spend more on coffee
than on IT security, then you will be hacked," Clarke said during his
keynote address. - http://zd.net/fcWXzx - WK]

By Vito Pilieci
Ottawa Citizen
February 18, 2011

The federal government has left itself wide open to a cyber attack, like
the one announced Thursday, because it still has not taken the threat
seriously, say prominent Internet security experts.

Canada recently announced a Cyber Security Strategy that calls for the
federal government to spend $90 million over five years to protect the
country's secrets.

But "it's a joke," said Chris Davis, chief executive officer of Ottawa
Internet security firm Defence Intelligence Inc. "One of the things I've
always said to corporations is, 'if your budget for food, beverages and
entertainment is larger than what you spend on security, then that is a
real problem."

Rafal Rohozinski, chief executive of Ottawa's SecDev Group and best
known for his discovery of an international cyber-espionage network in
2009, said the news that hackers broke into computer systems at the
Department of Finance and Treasury Board of Canada Secretariat, should
be the final wakeup call for Canada to begin taking cyber security
seriously.

[...]

___________________________________________________________
Tegatai Managed Colocation: Four Provider Blended
Tier-1 Bandwidth, Fortinet Universal Threat Management,
Natural Disaster Avoidance, Always-On Power Delivery
Network, Cisco Switches, SAS 70 Type II Datacenter.
Find peace of mind, Defend your Critical Infrastructure.
http://www.tegataiphoenix.com/