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$1 million a month to stop hackers


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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

Looking ahead: Unemployment report due out Thursday.

$1 million a month to stop hackers 08/01/14 [Last modified: Friday, August 1, 2014 5:21pm]
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