Cyber Intel Alert: Hackers Take Down CIA’s Website As The Security Business Goes Up
LulzSec Group - the hackers, who are confident enough to have a Twitter account and a website to report their attacks and threats - did just enough, a few hours ago, to embarrass the U.S. government, when they took down the CIA’s website; they blocked its access but didn’t steal any data. Yet such a highly provocative breach didn’t go unnoticed. According to Forbes, there is already a promise of retaliation by another hacker, to whom LulzSec already replied, “U mad bro?”
And while the global cyber security ‘dramedy’ continues - as now ADP investigates a data breach - the White House has announced getting rid of around 1000 federal websites in an effort to save millions of dollars a year. Los Angeles Times reported that the OMB’s spokeswoman Moira Mack said in an email Wednesday, "Having too many separate federal websites makes it harder for people to find the information they are looking for". Surely the hackers disagree, but it is a positive move from the Office of Management and Budget.
Still, bad news also means new business opportunities. Companies, trying to protect themselves, are now seeking “cyberinsurance” worth hundreds of millions of dollars, making this a golden moment for the industry, as demand soars. A recent report from Reuters also highlights how Silicon Valley venture capitalists are setting their eyes on new technologies to protect computer networks, hoping to make some profits. Venture investment in the information-technology security sector this year expects to exceed last year's $432.3 million, according to Thomson Reuters data from the National Venture Capital Association. And I have to wonder, are hackers going to claim their slice of that pie?