So far this year computer virus problems have cost the global economy an estimated $11.8 billion, suggests Computer Economics, a Carlsbad, CA, information technology research firm.
"There is no choice in protecting technology assets other than to have an always on defense just as there was during the nuclear cold war," says Michael Erbschloe, vice president of research at Computer Economics, and author of Information Warfare: How to Survive Cyber Attacks. "Even though computer security people work diligently to protect systems, there are many weak technologies on the market and the vulnerability of Microsoft IIS to attacks like Code Red clearly shows that there are many cracks in the cyber armor."
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