from the hence-the-FUD dept
Keith Alexander wants banks and other companies to pay him $1 million per month to help them with their "cybersecurity." At that price, I'd hope that he's just selling them the location of the backdoors he ordered to be placed in all of their hardware and software. And idiotic banks are apparently willing to pay, rather than going with the much, much cheaper option of hiring an actual security expert:
Joining a crowded field of cyber-consultants, the former National Security Agency chief is pitching his services for as much as $1 million a month. The audience is receptive: Under pressure from regulators, lawmakers and their customers, financial firms are pouring hundreds of millions of dollars into barriers against digital assaults.Either way, given that Alexander stands to profit quite nicely from his own undermining of cybersecurity, it's obviously no wonder at all that he's spent the past month exaggerating the "threat" of what's out there, often taking it to ridiculous levels.
While Alexander is doing the exact same thing as his predecessors, pay attention to the various media coverage of Alexander in the coming months and years. He's going to appear on TV and in newspapers and magazines a lot. And he will frequently be quoted spewing FUD about threats and how dangerous it is out there. And in almost none of those cases will any of the press covering him highlight the fact that Alexander stands to profit massively from keeping big banks and other companies scared shitless, so they hire him for $1 million a month to "protect" them from this threat that he both helped to create... and is now overhyping.