False Sense Of Security

Deadly Cyberattacks Highlight the Need for a Cybersecurity Upgrade

"The Sayano-Shushenskaya hydro-dam disaster was a cyberattack. You can characterize it as an accident in the nature of 'friendly fire.' But overall, this cascading wave of destruction was triggered by a bad computer command. Sayano-Shushenskaya demonstrates the immense scope of destruction that can come from cyberattacks. Indeed, per Gen. Alexander, only nuclear bombs and other weapons of mass destruction can cause more damage, faster, over wider areas. [..] In a speech at the National Press Club, Napolitano stated that the U.S. 'will, at some point, face a major cyber event that will have a serious effect on our lives, our economy and the everyday functioning of our society.'" Continue reading →

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Snowden reveals US intelligence’s black budget: $52.6 billion on secret programs

"Despite the hefty cost of operating the secret operations amid sequestration, excerpts from the summary leaked by Snowden show that the US still has significant setbacks keeping it from achieving its intelligence goals. For one, the disclosure in and of itself demonstrates the intelligence community’s inability to prevent sensitive information from being leaked. For those nations of upmost interest, the intelligence community is investing heavily on 'offensive cyber operations' launched by the CIA and NSA to hack foreign competitors, steal data and sabotage servers, at a time when, domestically, so-called cybercriminals are prosecuted at an alarming rate for comparably less harsh crimes." Continue reading →

Continue ReadingSnowden reveals US intelligence’s black budget: $52.6 billion on secret programs

Obamacare is About to Get More Personal

"Florida Attorney General Pam Bondi and a dozen other state attorneys general asked U.S. Department of Health and Human Services (HHS) Secretary Kathleen Sebelius to implement more stringent privacy requirements and safeguards on these so-called navigators. Who is in charge of monitoring these navigators? Who will be liable if someone’s identity is stolen? And who is responsible for alerting the American public about fraud prevention? Bondi said that the HHS is making it easier for your private information to fall into the wrong hands by cutting back on employee background checks and eliminating a fingerprinting requirement for navigators and those that work with them." Continue reading →

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‘Brilliant’ Snowden Digitally Impersonated NSA Officials

"The 30-year-old's role as a 'system administrator' meant that he was able to access NSAnet, the agency’s intranet, using those user profiles and without leaving any signature. An official told NBC that the NSA identified several instances in which the elite NSA-trained hacker impersonated officials, and that the spy agency's forensic investigation is 'trying to figure out which higher level officials Snowden impersonated online to access the most sensitive documents.' Last week Michael Isikoff, Cole, and Esposito reported that the NSA is 'overwhelmed' - does not know the full extent of the tens of thousands of documents the former NSA contractor took from its system." Continue reading →

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Bomb Syria, Get Cyber Attacked

"The U.S. used to parade around the world, and life would go on as usual back home. But American military muscle isn’t the be all and end all anymore. Land, sea, air and space superiority are so 20th century. Cyberstrike capabilities have leveled the battlefield. And the scrappy countries are holding more bargaining chips. 'One of the risks is that you’ve got Iran talking to Russia,' says James Lewis, a fellow at the Center for Strategic and International Studies. 'You have Iran talking to North Korea; you’ve got the Syrians talking to Iran.' The Pentagons realize the catastrophic damage that cyberattacks pose. And they want to be able to cause that damage just as much as they want to prevent it here at home." Continue reading →

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Federal Regulators Consider Seat Belt Ignition Interlocks on Automobiles

"The seatbelt ignition interlock would prevent the automobile from starting unless the seatbelt was clasped. Back in 1974 the government required interlocks on nearly all 1974 year model vehicles. However, public outcry led Congress to banish the mandate. This week the NHTSA reportedly rejected a petition from BMW that would allow the German automaker to skip certain crash testing requirements if it installed seatbelt interlocks in front seats. BMW outlined three different potential types of interlocks including one that would prevent the vehicle from being started. Another would prevent the driver from shifting out of Park and a third would allow the vehicle to be driven only at low speeds." Continue reading →

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Washington Post: U.S. $53 billion ‘Black budget’ details leaked by Snowden

"U.S. spy agencies have built an intelligence-gathering colossus since the attacks of Sept. 11, 2001, but remain unable to provide critical information to the president on a range of national security threats, according to the government’s top-secret budget. The $52.6 billion 'black budget' for fiscal 2013, obtained by The Washington Post from former intelligence contractor Edward Snowden, maps a bureaucratic and operational landscape that has never been subject to public scrutiny. The Post is withholding some information after consultation with U.S. officials who expressed concerns about the risk to intelligence sources and methods." Continue reading →

Continue ReadingWashington Post: U.S. $53 billion ‘Black budget’ details leaked by Snowden

NSA’s Prism Could Cost Global IT Service Market $180 Billion

"James Staten, a Forrester analyst who follows IT services, argued in a blog post Wednesday that financial losses could prove substantially higher when other market segments are considered. In calculating his higher estimate, Mr. Staten said that in addition to the $35 billion estimated by the ITIF, vendors of hosting and outsourcing services – which offer many of the same services as cloud companies, but use different processes and revenue models — could suffer an additional $100 billion in lost business. Moreover, non-U.S. cloud service providers could lose $35 billion worth of business from international customers, as awareness grows of the surveillance activities of other governments." Continue reading →

Continue ReadingNSA’s Prism Could Cost Global IT Service Market $180 Billion

Banker Groups Sue Treasury, IRS Over Account Reporting Rule or (DATCA)

"Two banker groups sued the U.S. challenging rules that require financial institutions to report information on accounts held by nonresident aliens that may be shared with 72 foreign governments. The Texas Bankers Association and the Florida Bankers Association, in a lawsuit filed today against the Treasury Department and the Internal Revenue Service in federal court in Washington, said the rules are discouraging investment in the U.S. by nonresidents who fear their information may be shared with the governments of countries including Egypt, Pakistan and Venezuela." Continue reading →

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All-seeing eyes focus on the sea

"The center, operated by U.S. Customs and Border Protection, can track as many as 50,000 aircraft at any moment. Officials say the center has reduced illegal cross-border flights from thousands per year in the mid-1980s to a handful. Initially, the focus was on drug trafficking, but has expanded over the years to include human trafficking, the smuggling of counterfeit products, and terrorist activities. The center now is testing software that will allow similar scrutiny of maritime traffic. The system would provide a comprehensive view of marine vessels within 100 miles of the U.S. coastlines. The omniscient view allows for greater coordination of agencies that might respond to a potential emergency." Continue reading →

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