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According to Bruce Schneier, the founder of Counterpane Internet Security, a consultancy, such contests demonstrate nothing about security.
ECONOMIST: Internet music
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Already, firms that use the monitoring service provided by his company, Counterpane Internet Security, enjoy a 20-40% reduction in their premiums for cyber-insurance.
ECONOMIST: Putting it all together
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But Bruce Schneier, chief technology officer of BT Counterpane, says that the simple element that keeps Storm more elusive than past viruses is its patience.
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Still, the shield's effectiveness as a defense in cyber-warfare is far from clear: Bruce Schneier, the founder and chief technology officer of security firm BT Counterpane, argues that no single strategy can stop determined hackers.
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The new technique may serve as a wake-up call for mobile carriers, which have long been in denial about the vulnerabilities of GSM security, says Bruce Schneier, encryption guru and chief technology officer of BT Counterpane.
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