For the 2016 fiscal year, President Obama officially proposed a $14 Billion dollar budget dedicated to protecting the government from cyber crime. Can the United States stop cyber crime?
Obama seeks $14 billion to boost U.S. cybersecurity defenses
“President Barack Obama’s budget proposal for the 2016 fiscal year seeks $14 billion (9 billion pounds) for cybersecurity efforts across the U.S. government to better protect federal and private networks from hacking threats.”
Markets for Cybercrime Tools and Stolen Data
“Black and gray markets for hacking tools, hacking services, and the fruits of hacking are gaining widespread attention as more attacks and attack mechanisms are linked in one way or another to such markets.”
FBI Director: China Has Hacked Every Big US Company
“In his first major television interview, the director of the FBI has warned that Chinese hackers have embarked on a widespread campaign of cyber-warfare against the US.”
Net Losses: Estimating the Global Cost of Cybercrime
“Cybercrime is a growth industry. The returns are great, and the risks are low. We estimate that the likely annual cost to the global economy from cybercrime is more than $400 billion.”
Do Terrorist Watchlists Work?
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