U.S. Establishes New Cybersecurity Agency

Bayshore Blog Post: Reuters report

February 16, 2015

Reuters: Hacks Prompt U.S. to Establish New Cybersecurity Agency

Last week, Warren Strobel of Reuters reported that the U.S. government is creating a new agency to monitor cybersecurity threats, pooling and analyzing information on a spectrum of risks.

The Cyber Threat Intelligence Integration Center will be an "intelligence center that will 'connect the dots' between various cyber threats to the nation so that relevant departments and agencies are aware of these threats in as close to real time as possible," the official said on condition of anonymity.

The President has moved cybersecurity to the top of his 2015 agenda after recent hacking attacks against Sony Pictures, Home Depot, Anthem and Target and the federal government itself. He sees it as an area of cooperation with Congress.

The announcement was followed with this Valentine over the weekend: A Kaspersky Lab investigation revealed that a cyber bank theft actually was an attack on more than 100 banks and other financial institutions in 30 nations. That could make it one of the largest bank thefts ever. Conducted by malware, it did not include the usual signs of robbery.

NY Times: Bank Hackers Steal Millions Via Malware

Kirby Wadsworth

As Chief Marketing Officer at Bayshore Networks, Kirby is on a mission to educate and inspire leaders to act now to protect our industrial infrastructure - and our way of life - from cyber threats. Bringing more than two decades of executive leadership in both public enterprises and emerging startups, Kirby is a published author, keynote speaker, teacher, and frequent contributor to over 20,000 online followers.