Hackers Leverage Global Authority Void

"The best weapon against the online thieves, spies and vandals who threaten global business and security would be international regulation of cyberspace.

"Luckily for them, such cooperation does not yet exist.

"Better still, from a hacker's perspective, such a goal is not a top priority for the international community, despite an outcry over hacking and censorship and disputes over cyberspace pitting China and Iran against U.S. firm Google.

"Nations are thinking too parochially about their online security to collaborate on crafting global cyber regulation, an EastWest Institute security conference heard last week.

"Policy statements from governments around the world are dominated by the need to heighten national cyber defenses. As a result, too many cyber criminals are getting a free ride."

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