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A recent news story jumped off the page at George Waller. Our fourth annual survey of our readers’ hopes, fears and exasperations provides a fascinating insight into the industry. Ron Condon reports Cutting the global piracy rate by 10 percent over a four-year period could generate 2.4 million new jobs, $400 billion in economic growth and $67 billion in tax revenue worldwide, a new published study has claimed. The Liberty Alliance Project has formed a global, cross-organizational expert group focused on promoting the mainstream adoption of strong authentication technology. The issue of identity authentication and security is front of mind for both the public and the banks. Identity theft is at an all time high with fraudsters deploying a wide range of techniques to steal personal identities. At the same time organizations, be they banks, other enterprises or the public sector, have struggled to justify the extensive costs that are associated with mass-deployed and flexible identity systems that are required to meet the identity fraud challenge. A recent news story jumped off the page at George Waller. The report stated that U.S. companies will lose $2.8 billion this year alone to online fraud, according to a survey released by CyberSource.

As a keen future-gazer, I'm often asked how I justify spending time on all this crystal-ball nonsense. Surely it can't be relevant to my day-to-day work? And clearly it's impossible to predict the future.

Enhanced federal legislation and closer scrutiny of user behavior were at the top of leading security professionals’ wish lists this week as news of last month’s theft of a TransUnion PC containing the personal credit information of about 3,600 clients spread. The vast majority of business PC users believe that UK legal authorities were too soft on the members of the Thr34t-Krew cyber crime gang who were sentenced last week for causing unauthorised modification of computers with intent. More than eight out of ten British businesses think hackers should get longer sentences, according to a new poll. It’s hard to pick up an industry magazine or a newspaper without finding an article about the latest security flaw in one of the wireless protocols. Companies are scrambling to fix the problem by throwing money and resources at new standards and products. Organizations everywhere are wasting financial resources on technologies that prevent their users from taking advantage of wireless networks because of perceived security reasons. With increasingly extended and dynamic enterprises, the distinction between insiders and outsiders is becoming blurred and what organizations can expect to control is less clear. Now that ever more apps are made for the web, a technology born there is getting a chance to shine. Australia has begun steps to introduce a new anti-spyware bill. The bill, if passed, will bring fines of up to $10,000 per incident. Why has HIPAA failed to achieve the same level of success as SoX, asks Ben Rothke The best way to work with the Patriot Act is to stay one step ahead of the pack, says Kristin Lovejoy Single sign-on (SSO) has long been a holy grail for security teams in large complex organizations. But the obstacles in the way of its universal deployment have so far proved to be too great - in particular the challenge of interfacing and synchronizing data held in the various directories that larger companies typically deploy.