CyberGuardian of Banksters, Keith Alexander, on the move

Posted in Culture of Lickspittle, Cyberterrorism at 10:11 am by George Smith

It’s a good gig and it’s apparently working. Former NSA director, Keith Alexander, the 1 million dollar a month consultant on cyberdefense, is convincing banks they ought to pay him protection money so they don’t lose money to cyberwar.

From Bloomberg:

Wall Street’s biggest trade group has proposed a government-industry cyber war council to stave off terrorist attacks that could trigger financial panic by temporarily wiping out account balances, according to an internal document …

The document sketches an unusually frank and pessimistic view by the industry of its readiness for attacks wielded by nation-states or terrorist groups that aim to “destroy data and machines.??? It says the concerns are “compounded by the dependence of financial institutions on the electric grid,??? which is also vulnerable to physical and cyber attack.

“The systemic consequences could well be devastating for the economy as the resulting loss of confidence in the security of individual and corporate savings and assets could trigger widespread runs on financial institutions that likely would extend well beyond the directly impacted banks, securities firms and asset managers,??? Sifma [the Wall Street trade group allied with Alexander] wrote in the document, dated June 27.

Computer intrusions also have been a concern of regional and small banks. Camden Fine, president of the Independent Community Bankers of America, said today that an account-draining cyberattack is “a question of when.???

While the image is still muddy, the general idea seems to be put the banks, Keith Alexander and the US government together in a war council for the dealing with anyone with the temerity to attack the interests of the 1 percent in cyberspace.

You don’t think they’re really concerned about your shitty little account, do you?

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