NexusFi: Find Your Edge


Home Menu

 





FBI: 'We are losing to hackers'


Discussion in Traders Hideout

Updated
    1. trending_up 1,829 views
    2. thumb_up 1 thanks given
    3. group 1 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread

FBI: 'We are losing to hackers'

  #1 (permalink)
 
kbit's Avatar
 kbit 
Aurora, Il USA
 
Experience: Advanced
Platform: TradeStation
Trading: futures
Posts: 5,854 since Nov 2010
Thanks Given: 3,295
Thanks Received: 3,364

If you thought hacktivists only fucked the FBI on Fridays, think again.

On Wednesday the Federal Bureau of Investigation admitted they are fighting a losing battle in cyberspace.
Shawn Henry, the FBI executive assistant director said fighting on the future "battleground" has been harder that initially thought.

I don’t see how we ever come out of this without changes in technology or changes in behavior, because with the status quo, it’s an unsustainable model,” Henry told The Wall Street Journal.
Unsustainable in that you never get ahead, never become secure; never have a reasonable expectation of privacy or security,” he added

Henry has gone on record saying hebelieves “the cyber threat is an existential one, meaning that a major cyber-attack could potentially wipe out whole companies,” said Henry on the FBI news website.

The special agent since 1989 echoed his thoughts during a press conference on Wednesday, stating that the FBI has obtained data of companies that were targeted by hackers and says the businesses were oblivious to the happenings.

They are shocked and, in many cases, they’ve been breached for many months, in some cases years, which means that an adversary had full visibility into everything occurring on that network, potentially,” said Henry as reported by The Raw Story.

According to an article by ZDNet.com, Henry is on his way out of the organization after working more than 20 years with the agency and claims that the US is simply “not winning.”

Henry’s announcement comes in the wake of the ongoing cybersecurity policy debates. Many key lawmakers have been pushing for new regulations that would help regulate better online security policies.

As RT reported the Pentagon has begun research and development on a project that is being called the next-generation cyberweapon. The weapon which is in the preliminary stages would be capable of knocking out enemy networks regardless if they are connected to the web.

Secretary of Defense Leon Panetta has also chimed in on the matter claiming that “the next Pearl Harbor we [US] confront could be a cyber-attack.” Many people have criticized Panetta saying his claims are merely “fear-mongering.”

Although groups like Anonymous and LulzSec have brought the issue to light with the recent waves of hacking US government websites and having massive data dumps disclosing private information on individuals, they have released statements claiming bringing down the country's power grid isn’t one of their aspirations and is nearly impossible.

The US military has claimed that it will meet a cyber-attack with a physical boots on the ground if the attack comes from overseas. For many this validates that the government is finally treating cyber-security seriously.

Bills such as SOPA and the recent announcement by top telecomm companies who plan on punishing Americans for copyright infringement could only prompt more attacks. As we reported earlier this month, RIAA CEO Cary Sherman confirmed that the most powerful Internet providers in America should have their new policies on the books by July 12, 2012.

[You] never get ahead, never become more secure, never have a reasonable expectation of privacy or security,” Henry concluded.

Henry who is leaving the FBI to pursue opportunities in the private sector, isn’t the only one disclosing the “cyber threat” is a growing concern.

As ZDNet.com reported, “the number of hackers arrested around the world seems to be growing, the attacks keep coming.” According to their report, the FBI is simply outnumbered and their agency is simply putting a bandage on a deep wound.

FBI: 'We are losing to hackers' — RT

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
MC PL editor upgrade
MultiCharts
What broker to use for trading palladium futures
Commodities
Trade idea based off three indicators.
Traders Hideout
Cheap historycal L1 data for stocks
Stocks and ETFs
ZombieSqueeze
Platforms and Indicators
 
  #2 (permalink)
 
Massive l's Avatar
 Massive l 
OR/USA
Legendary /NQ Trader
 
Experience: None
Posts: 2,129 since Mar 2011
Thanks Given: 1,859
Thanks Received: 5,106

So then the government takes over the internet and all the hackers go away

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:




Last Updated on March 30, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts