No more Mr. Nice Guys
Steve Manzuik, director of security research at Duo Security, put it somewhat more cynically: "The bad guys had not figured out how to monetize their skills yet." Perhaps its fairer to say that many got out before they got bad. Coty, like many of his early hacker cohorts, shifted to corporate life in the early '90s, taking a job at Wells Fargo -- where he was honestly surprised how easy the systems were to access, with the biggest threats coming from insiders, not external attackers. When Russian hackers starting moving money around in 1994 or so, he says, that represented a major sea change in the world of computer security.