SAN FRANCISCO (AP) – A conference of Internet security experts is not for the faint of heart.
Hallway chatter and keynote speeches are peppered with scary stories of increasingly sophisticated hackers siphoning off valuable personal and corporate data.
In the words of one expert, the bad guys are outmaneuvering those charged with keeping the wired world safe. This despite repeated vows from CEOs and government officials to tighten security after high-profile breaches at Sony Pictures, health insurer Anthem and retailers Target and Home Depot.
The recent wave of corporate data breaches and cyber-attacks provided plenty of fodder for a weeklong cyber-security conference in San Francisco. Some 28,000 threat analysts, security vendors and corporate IT administrators gathered to talk about malicious software, spear-phishing and other attacks that can steal money or secrets from companies and consumers.
Growing concern over cyber-threats has been good for business, driving up revenue and stock prices for many security firms. But researchers say the dangers are real: Last year saw a record number of commercial data breaches and “denial-of-service” attacks, aimed at shutting down websites by flooding them with bogus traffic.