NSA: Cybercrime is 'the greatest transfer of wealth in history'

A Guy · 12 Jul 2012

At an American Enterprise Institute (AEI) event on Monday called "Cybersecurity and American power," U.S. Army Gen. Keith B. Alexander called cybercrime "the greatest transfer of wealth in history." The director of the National Security Agency (NSA) and chief at the Central Security Service (CSS) reemphasized an immense problem the U.S. is facing: intellectual property loss via cyber espionage.

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A Guy

King Arthur · 12 Jul 2012

Meanwhile, SOPA (and all its evil brethren).

gigagiggles · 12 Jul 2012

"Hackers are often seen as pests, and a nuisance. When they band together, however, and especially when they are sponsored by a state, their potential power is huge. Bright minds in the U.S. are aware of this and regularly urge the government and private companies to take action. More resources can always be used to train cyber experts, build a defensive architecture, and increase situational awareness." -- from the link

Our hackers are good. We weaken or delay nuclear ambitions. Their hackers are bad. Evil. They steal our intellectual properties from which we collect license fees in perpetuity.

A wise chief once said, "pale face speaks with forked tongue."

solarmystic · 12 Jul 2012

King Arthur said:

Meanwhile, SOPA (and all its evil brethren).

It cannot be mentioned enough how detrimental this piece of legislation would be.

gigagiggles said:

Our hackers are good. We weaken or delay nuclear ambitions. Their hackers are bad. Evil. They steal our intellectual properties from which we collect license fees in perpetuity.

A wise chief once said, "pale face speaks with forked tongue."

Yep, more propanganda reminiscent of 1984 and Animal House by Orwell.

"Four legs goooodddd, Two legs baaaaddddd...."

Trucidation · 12 Jul 2012

I thought this was going to be a scathing indictment of the banking industry, Wall Street, and corporate greed.