Washington’s cyber war - at home and abroad - News and Current Events | futures.io
futures.io futures trading

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Traders Hideout > News and Current Events

Washington’s cyber war - at home and abroad
Started:June 22nd, 2012 (01:39 PM) by kbit Views / Replies:167 / 0
Last Reply:June 22nd, 2012 (01:39 PM) Attachments:0

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Washington’s cyber war - at home and abroad

Old June 22nd, 2012, 01:39 PM   #1 (permalink)
Elite Member
Aurora, Il USA
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
kbit's Avatar
Posts: 5,839 since Nov 2010
Thanks: 3,275 given, 3,321 received

Washington’s cyber war - at home and abroad

After reports that the US designed the greatest cyber viruses in history with Flame and Stuxnet, Washington faces a predicament in justifying the duality in its cyber policy and defending its anti-piracy rhetoric.

While the US has repeatedly condemned cyber-attacks and hacking when aimed at itself, Washington’s involvement in the coordinated US-Israeli cyber attack on the Natanz nuclear facility raises a troubling problem for the government.

“We’re setting a precedent for other nations,” Trevor Timm of the Electronic Frontier Foundation told RT. “And that’s where the real problem lies, because we’ve been criticizing China for allegedly attacking United States companies and the US government, while at the same time we’ve been engaging in the same conduct with other countries.”

Given the US policy of cyber-espionage, some analysts are concerned that this aggressiveness may provoke a reciprocal response.

“When you attack, for instance, Iran’s nuclear program, you provide the Iranians with your weapon, your worm, which they can then reverse-engineer, take apart, figure out how it works, turn it around, and send it your way,” said John Feffer, a co-director at Foreign Policy in Focus.

But while Washington has supposedly clandestinely been using the Flame virus to steal files, photographs, keystrokes, and video from Middle Eastern computers, it has been trumpeting internet security at home and abroad.

The US is working hard to extradite Kim Dotcom on piracy charges. Federal prosecution wants Kim Dotcom for allegedly inflicting $500 million damage in lost revenue to copyright holders, and the FBI has shut down his website Megaupload for the illegal distribution of copyrighted material via filesharing.

The US has also vigorously pursued Wikileaks’ Julian Assange while starting court martial proceedings against Bradley Manning, the US officer responsible for sharing material. Washington claimed that the leaks represented a threat to national security and the safety of its soldiers abroad.

However, not only has Washington been complaining about its own security breaches while engineering the Flame virus to essentially do the same, but the CISPA bill threatens to infringe upon the civil liberties of the American public.

The Cyber Intelligence Sharing and Protection Act (CISPA) is a bill which would allow for the US government and certain technology and manufacturing companies to share internet information in order to prevent cyber-terrorism.

But organizations such as ACLU and Strategy for Free Press are fully aware of the risks of allowing the US government to snoop on its own citizens in the interests of national security, and have criticized the bills.

“One of the things that we’re concerned about at Free Press is that we’re fanning all of these fears about cyber-security that will cause us to over-react, to actually pass cyber-security legislation that cuts into our free speech rights as individuals, that compromises free speech on the internet in ways that would ultimately be harmful to everyone,” Tim Karr, Senior director of Strategy for Free Press told RT in an interview.

“We saw that CISPA recently went through the house… so they obviously feel that the climate is right to pass this kind of legislation. Again I think we have to be really careful because nobody really knows how significant the threat is. The fear is that Congress will overstep in ways that cut into our basic civil liberties.”

Washington?s cyber war - at home and abroad — RT

Reply With Quote
The following user says Thank You to kbit for this post:


futures.io > Futures Trading, News, Charts and Platforms > Traders Hideout > News and Current Events > Washington’s cyber war - at home and abroad

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
Cyber war accelerates between Iran and US kbit News and Current Events 1 December 14th, 2011 08:20 PM
Why Won't Companies Hire? Washington Is In the Way Quick Summary News and Current Events 4 September 3rd, 2011 10:49 AM
IRS after Americans living abroad or with financial accounts abroad aquarian1 News and Current Events 6 August 25th, 2011 07:31 PM
Economy Needs Help From the Stock Market and Washington Quick Summary News and Current Events 0 August 23rd, 2011 11:20 PM
Spring Home Buying Helps Boost Home Prices in April Quick Summary News and Current Events 0 June 28th, 2011 09:50 AM

All times are GMT -4. The time now is 07:55 PM.

Copyright © 2016 by futures.io. All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-24 in 0.07 seconds with 19 queries on phoenix via your IP