Yesterday I touched on the Iranian takedown of Twitter and after giving more thought to the matter it makes sense to send a strong warning to my readers in the corporate, financial and government sectors that cyberattacks and terrorism have the potential to get much worse. In 2010 I recommend increasing security budgets accordingly as we can expect potentially larger and more well-coordinated attacks than the one which took place against Twitter.

For the moment the social networks seem to be of particular interest for hackers and electronic thugs but going forward expect more emphasis on ecommerce, banking and areas like the smartgrid which have the ability to inflict even greater damage than traditional social network takedowns.

For more on the matter check out this article.