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RSA 2009: Cyber fraudsters are getting smarter

The global cyber-threat continues to escalate and online fraudsters are more organised, collaborative and effective than ever, says Art Coviello, president of RSA, the security division of EMC.

The global cyber-threat continues to escalate and online fraudsters are more organised, collaborative and effective...

than ever, says Art Coviello, president of RSA, the security division of EMC.

“Our adversaries operate as a true ecosystem that thrives through interdependence and constant adaptation,” he told the opening keynote at RSA Conference 2009 in San Francisco.

Coviello issued a call to action to the information security industry to work together in a similar way to create a more robust security infrastructure.

“Because information moves everywhere, the problem must be solved across the infrastructure,” he said.

The criminal threat, the economic crisis and emerging technologies like virtualisation, social networking and cloud computing are all creating the need and opportunity to rethink security.

According to Coviello, swift adoption of the newer technologies offers the opportunity to restructure the information infrastructure and learn from past mistakes.

“Security technologies are still applied piecemeal from multiple suppliers, cluttering the information landscape and leaving perilous gaps of risk,” he said.

Coviello urged the industry to embrace a common development process to enable a more secure infrastructure through collaborating on standards and sharing technology.

This approach will enable security products to work together across infrastructure and supplier boundaries as part of a single, integrated system.

“We have the chance to not only change the game, but to win the game by capitalising on a shared development process fostered by inventive collaboration,” he said.

Podcast: Art Coviello on IT security >>

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