On Tue, Dec 9, 2014 at 2:55 PM, <dan@geer.org> wrote:
"Banks Dreading Computer Hacks Call for Cyber War Council" Bloomberg, July 8, 2014
www.bloomberg.com/news/print/2014-07-08/banks-dreading-computer-hacks-call-for-cyber-war-council.html
Wall Street's biggest trade group has proposed a government-industry cyber war council to stave off terrorist attacks that could trigger financial panic by temporarily wiping out account balances, according to an internal document.
The proposal by the Securities Industry and Financial Markets Association calls for a committee of executives and deputy-level representatives from at least eight U.S. agencies including the Treasury Department, the National Security Agency and the Department of Homeland Security, all led by a senior White House official.
The document sketches an unusually frank and pessimistic view by the industry of its readiness for attacks wielded by nation-states
Extending your quote for revolving context... "The trade association also reveals in the document that Sifma has retained former NSA director Keith Alexander to "facilitate" the joint effort with the government. Alexander, in turn, has brought in Michael Chertoff, the former U.S. Secretary of Homeland Security, and his firm, Chertoff Group." "Alexander had been pitching Sifma and other bank trade associations to purchase his services through his new consulting firm, IronNet Cybersecurity Inc., for as much as $1 million per month, according to two people briefed on the talks." The article full of other juicy things...