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Why Laws Won't Save Banks From DDoS Attacks

kierny (102954) writes | about a year and a half ago

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kierny (102954) writes "Rep. Mike Rogers (R-Mich.) should know better. The chairman of the House Intelligence Committee claimed to told NBC News that the Operation Ababil U.S. bank disruption DDoS campaign could be stopped, if only private businesses had unfettered access to top-flight U.S. government threat intelligence.

Not coincidentally, Rogers is the author of CISPA (now v2.0), a bill that would provide legal immunity for businesses that share threat data with the government, while allowing intelligence agencies to use it for "national security" purposes, thus raising the ire of privacy rights groups.

Just one problem: Numerous security experts have rubbished Rogers' assertion that threat intelligence would have any effect on banks' ability to defend themselves. The bank disruptions aren't cutting-edge or stealthy. They're just about packets overwhelming targeted sites, despite what Congressionally delivered intelligence might suggest."

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