Are Banks Buying Cyber Weapons?

Caught a little of All Things Considered on NPR last night while I was driving and almost had to pull over immediately when I heard Tom Gjelten and Mellissa Block‘s piece titled “Iranian Government May Be Behind Recent Cyber Attacks“.

It’s very hard to defend against this type of attacks. There are some cyber-security firms that are trying to develop new tools, new defense systems, but it’s hard. Interestingly enough, some of these companies are actually interested in hitting back, trying to go on the offense. I’ve been told of at least one bank that actively looked to buy cyber-weapons to use against the hackers, they didn’t get very far. That’s a very risky thing to do legally.

-Tom Gjelten

I wish I knew what bank that was…

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