As Bruce Schneier spent the past decade watching the growing rash of phishers, malware attacks, and identity theft, a new Internet threat has emerged that poses even greater risks, the security expert said.

Unlike the security risks posed by criminals, the threat from government regulation and data hoarders such as Apple and Google are more insidious because they threaten to alter the fabric of the Internet itself. They're also different from traditional Internet threats because the perpetrators are shielded in a cloak of legitimacy. As a result, many people don't recognize that their personal information or fortunes are more susceptible to these new forces than they ever were to the Russian Business Network or other Internet gangsters.

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