In my latest article for cbcnews.ca I've taken a look back at 2007 as a profitable and successful year for cyber crime. Explicitly I take my analysis of the storm worm and draw out a thread that shows the larger socio-political implications of this emerging technology:

The organization of all this criminal activity manifests in the form of bot nets (see sidebar) such as the storm worm, networks of hijacked machines that allow criminals to engage in their activities without being traced or identified. The sophistication of these bot nets has increased so rapidly that many observers have begun speculating that we're witnessing the early stages of a new online arms race, a cyber cold-war in which new weapons and tactics are being developed and tested.