Full Disclosure is dead. Let me explain why. The information security world has changed, even if some don't see it or are unwilling to accept it.

Hurtling into our annual Reboot edition, I became conscious of the break-neck speed at which 2007 has come to its end.

The screaming headlines have been running for years. Whether they're in press releases about cybercrime exceeding international drug profits or the billions of dollars lost to breach disclosures or videos highlighting the meltdown of power generators due to a myriad of vulnerabilities, the anti-malware industry has long relied on fear to move their products.

When enterprise data met email and IM, important data began leaking out of corporations unnoticed and it spawned a new security problem called data leakage.

Its now recognized as a standard. Its quickly becoming more affordable. And, its adoption by enterprises and carriers is exploding. Its 10-Gigabit Ethernet — the ultra-fast, ultra-high-capacity network technology thats giving new meaning to the phrase life in the fast lane.

By aggregating information, executives can ease regulatory burdens, says Pravin Kothari.

The convenience of doing business on the web has embedded itself into consumers everyday routines to the point where the ability to quickly complete a multitude of tasks online has come to be expected.

Historically, IT security has been a business cost center. However, with the scope and scale of recent data breaches, including the TJ Maxx fiasco, consumers are becoming very weary of doing business with organizations that dont adequately protect personal and financial information.

Identity theft is one of the fastest growing crimes worldwide. In the U.S. alone, identify theft happens every 79 seconds, becoming the fastest growing crime in America. In light of the safety net available in technology to mitigate the risk of unintended personal data disclosure the continuing wave of data breaches that are fueling identity theft are simply unacceptable.

IT security has the potential to impact a business at every level. Few other business areas, if any, have the potential to damage customer relations, disrupt supplier dealings, lower employee productivity, lose revenue and even lead to the arrest of the CEO.