The latest ISMG Security Report leads off with a discussion with DataBreachToday Executive Editor Mathew J. Schwartz on why online cybercrime is growing.

In the report, you'll also hear:

Department of Homeland Security Assistant Secretary Andy Ozment provide an update on the less-than-year-old U.S. federal government cyber threat information sharing initiative; House Homeland Security Committee Chairman Michael McCaul explain the urgency behind the need for Congress to fund quantum computing research as a national security matter; and Global Cyber Alliance CEO Phillip Reitinger explain how cybercrime could bankrupt the world economy, well, not quite.

The ISMG Security Report appears on this and other ISMG websites on Tuesdays and Fridays. Be sure to check out our Sept. 23 and Sept. 27 reports, which respectively analyze a comparison of two widely varying estimates for the cost of a data breach and the massive Yahoo breach that exposed the weaknesses in the way enterprises employ hashed passwords. The next ISMG Security Report will be posted on Tuesday, Oct. 4.

Theme music for the ISMG Security Report is by Ithaca Audio under the Creative Commons license.