Wednesday, May 23, 2018

$1 million a month to stop hackers

THE WEEK THAT WAS

WINNER: Florida consumers

Today is the last day to take advantage of the state's back-to-school sales tax holiday – and you don't have to go back to school to get it.

LOSER: Our finances

Almost 42 percent of Tampa Bay adults have debts that have been reported to collection agencies; the national average is 35 percent.

Keith Alexander, the recently retired director of the National Security Agency, wants up to $1 million a month to help companies protect their computer networks from hackers. Alexander said his "unique" approach to detecting cyber-intruders is directly informed by the insights he gained from classified operations as the director of the NSA. Alexander said he'll file at least nine patents for a security system to detect so-called advanced persistent threats, or hackers who clandestinely burrow into a computer network to steal secrets or damage the network itself. At NSA, Alexander said those kinds of hackers were responsible for "the greatest transfer of wealth in American history" because they were routinely stealing trade secrets from U.S. companies and giving it to their competitors, often in China.

Shane Harris, Foreign Policy

Comments
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