Sometimes I think we forget that computer crimes - are real crimes. When I first read that the Lowe's wifi hacker got 9 years in federal prison - my mouth fell open. But it just shows, that the government and businesses no longer view such antics as petty theft.
My friend Scott Granneman has a new column at Security Focus regarding online extortion. One of those ideas about which you think - that would never work! Unfortunately it is working, very well for ciminals.