• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
TechCyber Saturday

Data Sheet—Saturday, December 10, 2016

Robert Hackett
By
Robert Hackett
Robert Hackett
Down Arrow Button Icon
Robert Hackett
By
Robert Hackett
Robert Hackett
Down Arrow Button Icon
December 10, 2016, 10:14 AM ET
Add Fortune on Google for similar content.

Foreign governments use hackers to steal U.S. corporate secrets and meddle with our political system. Meanwhile, a botnet of millions of rogue devices recently cut off access to popular websites on the East Coast, and is now rampaging through Europe. Wouldn’t it be nice if we could turn the tables and put a stop to this?

The CEO of security company Invincea, Anup Ghosh, told me this week he fears that this urge for retaliation—to hack back—is building among the public and politicians. Indeed, a prominent Republican congressman this week called for “consequences” over Russia’s suspected hacking . I get it. There’s an intuitive appeal to using cyber soldiers to knock our adversaries’ offline until they get the message to stop.

In the case of the botnet of rogue devices known as Mirai, Invincea says it has found a way to “kill” it by exploiting a flaw in its code. And in the past, some have floated the idea of launching “white worms” that would spread in a way that would quarantine certain types of malware.

Alas, as appealing as it sounds for America to do more in the way of cyber offense, it’s probably a terrible idea. According to Ghosh, the notion can be attractive to policy types—those who don’t work with computer code—but is regarded with horror by security pros. The reason, he said, is that launching online attacks can have entirely unpredictable consequences, and that aggressive code can quickly mutate or ricochet and damage all sides.

I asked Edward Amoroso, who runs the consultancy group Tag Cyber, if Ghosh’s view is too timid. Nope. Amoroso, who used to be the Chief Information Security Officer at AT&T, said past examples show “hacking back” is dangerous and irresponsible, and doing so would amount to “playing chicken with history.” He says the answer lies instead in defense—hardening our computer systems to keep hackers out in the first place.

So there you have it. I defer to the guys with the computer training to have the final word on any plan to hack back. You can read about more mischief and mayhem in cyber-land further below—plus some fun fin-tech tidbits. Enjoy your weekend.

Jeff John Roberts

@jeffjohnroberts

jeff.roberts@fortune.com

Welcome to the Cyber Saturday edition of Data Sheet, Fortune’s daily tech newsletter. Fortune reporter Robert Hackett here. You may reach me via Twitter, Cryptocat, Jabber (see OTR fingerprint on my about.me), PGP encrypted email (see public key on my Keybase.io), Wickr, Signal, or however you (securely) prefer. Feedback welcome.

THREATS

Rooting out Russians. President Obama ordered U.S. intelligence agencies to prepare a full report on Russia's hacking antics related to the U.S. election—and he wants it ready before he leaves office. But the report may be full of sensitive stuff, which means the public may not get to see it. (New York Times)

Air Force fires up cyber boosters. In one of the year's biggest digital defense contracts, the U.S. Air Force awarded $19 million to Endgame (aka "the Blackwater of Hacking") to beef up its endpoint detection systems. The deal shows how, despite the government's reputation as an IT dunce, some departments are leading edge adopters. (Fortune)

Hail Amazon, DDoS destroyer! Amazon's sprawling ambitions now extend to a new security service called Shield (how does Google's Project Shield feel about that name?) that will protect AWS customers from the sort of denial-of-service attack that cut off customer access to major websites last month. (Geek Wire)

Bailing on Bitcoin. Circle, one of the biggest early believers in bitcoin, has lost faith. The well-funded firm is washing its hands of its crypto-currency wallet service, and will focus instead on its blockchain services for banks. But the price of bitcoin is staying strong and another alt-currency, Stellar, suddenly soared back on the scene. (Fortune, Fortune)

Share today's Data Sheet with a friend:
http://fortune.com/newsletter/datasheet/

Looking for previous Data Sheets? Click here.

ACCESS GRANTED

Our exclusive investigation sheds new light on hacking breaches at U.S. law firms that exposed sensitive corporate data. Also who did it.

A series of security breaches that stuck prestigious law firms last year was more pervasive than reported and was carried out by people with ties to the Chinese government...

In the case of one firm, the attacks took place over a 94 day period starting in March of 2015, and resulted in the hackers stealing around seven gigabytes of data, according to information obtained by Fortune. Read more on Fortune.com

FORTUNE RECON

IBM Watson for Cybersecurity Inches from Research to Reality by Robert Hackett

Twitter, Surveillance, and the Sale of Social Media Data by Jeff John Roberts

KeyMe, the App That Makes it Scarily Easy to Copy Keys, Raises $25M by Jeremy Quittner

German Steelmaker Disclose 'Massive' Cyber Attack by Reuters/Fortune

Suspects Arrested in Russia Central Bank Cyber-heist by Reuters/Fortune

Talking Dolls Spy on Kids, Privacy Group Warns by Jeff John Roberts

 

ONE MORE THING

Is it punk rock to leave all your data exposed? Apparently so. In a piece of epic carelessness, the record label for rocker Joan Jett failed to lock down a server and left it all open on the Internet — social media passwords, personal data and even an early rejection letter from a music executive who complained Jett's vocals weren't up to snuff. (Motherboard)

About the Author
Robert Hackett
By Robert Hackett
Instagram iconLinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Tech

sp
Big TechMarkets
Alphabet’s SpaceX stake fuels a $98 billion gain, beating estimates
By Barbara Ortutay and The Associated PressJuly 23, 2026
26 minutes ago
Benjamin Franklin's experiment with the kite.
AIScience
The Trump administration is revamping the era of the ‘gentleman scientist.’ It’ll cost $200 billion
By Eva RoytburgJuly 23, 2026
2 hours ago
All hail London—whatever the U.K.’s new Prime Minister says 
EuropeLetter from London
All hail London—whatever the U.K.’s new Prime Minister says 
By Kamal AhmedJuly 23, 2026
4 hours ago
MoonPay to launch universal AI shopping wallet for non-technical Claude and ChatGPT consumers
CryptoAI agents
MoonPay to launch universal AI shopping wallet for non-technical Claude and ChatGPT consumers
By Jeff John RobertsJuly 23, 2026
4 hours ago
AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council
NewslettersCFO Daily
AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council
By Sheryl EstradaJuly 23, 2026
5 hours ago
ServiceNow CEO Bill McDermott pumping his fist.
AIServiceNow
Wall Street is finally starting to buy ServiceNow CEO Bill McDermott’s story as the company beats Q2 earnings forecasts
By Jeremy KahnJuly 23, 2026
5 hours ago

Most Popular

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
1 day ago
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
3 days ago
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Economy
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
By Sasha RogelbergJuly 22, 2026
22 hours ago
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
AI
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
By Eva RoytburgJuly 21, 2026
2 days ago
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
Success
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
By Emma BurleighJuly 21, 2026
2 days ago
'The man who dies rich dies disgraced': The last time America had such wealth inequality, Andrew Carnegie knew he had to give it all away
Success
'The man who dies rich dies disgraced': The last time America had such wealth inequality, Andrew Carnegie knew he had to give it all away
By Nick LichtenbergJuly 22, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.