The assistance from the agency that conducts electronic spying overseas is part of an effort by American banks and other financial firms to get help from the U.S. military and private defense contractors to fend off cyber attacks, according to interviews with U.S. officials, security experts and defense industry executives.
Will the corporate welfare for too-big-to-fail banks (and NoVa defense contractors) never cease? It would be so great if some tiny portion of my tax money went to making my world a nicer place instead of lining the pockets of total a-holes.
The Federal Bureau of Investigation has also warned banks of particular threats amid concerns that hackers could potentially exploit security vulnerabilities to wreak havoc across global markets and cause economic mayhem.
Yes, computer security is hard, we get it. Do banks get it? Security costs money. But luckily, banks have lots of this thing, this “money”. Maybe they should redirect some portion of their glorious profits towards better security and away from bonuses for a-holes. That would be a terrible, tragic thing, and we are so sorry that computers and the internet were invented, making all of this inevitable, but that’s the way it is.
Did banks used to keep our money in cardboard boxes until the government came along and built proper vaults for them? What precisely do they regard as their responsibility—sending junk mail for credit cards?