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

Data Sheet—Saturday, July 22, 2017

Robert Hackett
By
Robert Hackett
Robert Hackett
Down Arrow Button Icon
Robert Hackett
By
Robert Hackett
Robert Hackett
Down Arrow Button Icon
July 22, 2017, 11:54 AM ET

General Keith Alexander, the former NSA director, shared some smart thoughts this week about the line between espionage and cyber war. But it was the words of another famous military man, retired General Stanley McChrystal—who likewise spoke at Fortune’s Brainstorm Tech event—that left the biggest impression on me.

McChrystal, whose stellar career ended in scandal in 2010 over public criticism of his superiors, spoke candidly to Fortune‘s Adam Lashinsky about picking up the pieces to rebuild a life of pride and meaning. His redemption came about thanks to a one-day-at-a-time approach and the support of his wife, but that’s only part of it.

Another huge reason for McChrystal’s ability to move forward, I suspect, lies in his worldview rooted in public service and community. He acquired this perspective in the military but, as McChrystal noted, other institutions—such as the Peace Corps and Teach for America—can also imbue people with a similar sense of purpose.

This isn’t just personal feel-good stuff: It matters to the country as a whole because those who serve in the military or other institutions are far more likely to vote and participate in public activities the rest of their life. Alas, though, a huge number of Americans are AWOL from all of this.

McChrystal said two-thirds of young people are ineligible to serve in the military (due to drug tests and other restrictions), while Teach for America has become as hard to get into as Yale. In other words, there is a yawning gap between the number of people who would like to serve their country and the slots for them to do so. This outcome is a loss for everyone.

McChrystal said the way to address this is to create more opportunities to serve. And although he didn’t cite cyber security as a specific example, a term of government cyber-service could be an ideal way—given the crisis posed by insecure computer systems—for young people to both serve the country and gain work and life experience.

It’s not as far-fetched as it sounds. The military already provides such opportunities, of course, but there are also other organizations like Code for America, which let young people use their computer skills to help the country. There is also a strong tradition of unofficial cyber service—think of the white-hat hacker community—and a surge of interest in coding from young Americans of all backgrounds, including women and people of color.

There is an opportunity here for the United States to bolster security at a time of growing cyber danger, and to provide young Americans with a new opportunity for service and meaning. I’m pretty sure General McChrystal would approve.

Jeff Roberts

@jeffjohnroberts

jeff.roberts@fortune.com

Welcome to the Cyber Saturday edition of Data Sheet, Fortune’s daily tech newsletter. You may reach Robert Hackett 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

Biggest bust in Dark Web history. Now we know why AlphaBay, the web's biggest forum for drugs and illegal services, suddenly shut down two weeks ago: law enforcement captured it and waited till users migrated to another illicit website—which they controlled—to announce the bust. The historic sting also led to the suicide in a Thai jail cell of AlphaBay's founder who, incidentally, was a colossal creep. (Fortune, Globe & Mail)

Better late than never, Google. Months after scammers used security holes in Google's app authorization system to launch a massive phishing campaign, the company has erected a new warning system to prevent this from happening again. The new measure involves a stark warning message that means only the most reckless or foolish users will let shady apps access their Google account. (Venture Beat)

Bitcoin being bitcoin: Say what you want about investing in crypto-currency, it's never dull. This month alone, bitcoin and Ethereum—whose co-founder called the current market a "time bomb"— and other digital currencies crashed to near or below 50% of their all-time highs. But after bitcoin miners resolved a civil war that could have split the currency, the values shot right back up and the party continues. Yee-hah. (Fortune, Fortune)

Fed-Ex still reeling from ransomware: The financial fallout of the recent Petya-like attacks is becoming clearer as Fed-Ex, which is still struggling to restore its package tracking systems, said the episode could hurt earnings to the tune of $1 a share. The attacks are also drawing attention to the role of cyber-insurance—or the lack of it in Fed-Ex's case. (Bloomberg)

If a random young woman asks you on Twitter "Boys like you, my figure?" or "Want a vulgar, young man?" it could be love—or just one of the 90,000 Russians bots that hijacked the service this year.

Share today's Data Sheet with a friend:

http://fortune.com/newsletter/datasheet/

Looking for previous Data Sheets? Click here.

ACCESS GRANTED

ICOs—aka Initial Coin Offerings—are the hottest thing in blockchain right now. But what the heck are they? A preview of the year's most important ICO by Fortune's Robert Hackett breaks it down nicely.

[Kik] is set to kick off a grand monetary experiment, one that will put to the test a new model for business that could prove to be either the web’s next great economic engine, or a multibillion-dollar bubble that’s as combustible as the Hindenburg. Read more on Fortune.com.

FORTUNE RECON

Why Ethereum Is Much More Valuable Than Bitcoin: SoFi CEO, by Jen Wieczner

Judge Blasts IRS Over Bitcoin Probe, Lets Coinbase Customer Fight Summons, by Jeff John Roberts

Hackers Stole $7M in a Brazen CryptoCurrency Heist, by Jen Wieczner

A Single Extreme Cyberattack Could Cost the U.S. More than Hurricane Katrina, by Lucinda Shen

Cyber Startup Awake Security Debuts with $31M in Funding, by Robert Hackett

 

ONE MORE THING

Microsoft Lawyers Stick it to Fancy Bear. What do trademark lawyers have to do with the elite Russian hacking unit plaguing the US? Quite a bit. Microsoft attorneys have been seizing hundreds of domain names, such as livemicrosoft[.]net, that Fancy Bear uses to deploy its attacks. The legal campaign won't stop all the hacking but is slowing it down. (DailyBeast, Fortune)

About the Author
Robert Hackett
By Robert Hackett
Instagram iconLinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

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
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
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
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

A veiled Iranian woman holds her cellphone displaying a portrait of Iran's Supreme Leader, Ayatollah Ali Khamenei,
CybersecuritySecurity
Cyber retaliation from Iran is a problem for U.S. companies — ‘It’s in the hands of a 19-year-old hacker in a Telegram room,’ ex-NSA operative says
By Amanda GerutMarch 1, 2026
4 hours ago
Two girls look at a white laptop placed on a desk.
AIEducation
American schools weren’t broken until Silicon Valley used a lie to convince them they were—now reading and math scores are plummeting
By Sasha RogelbergMarch 1, 2026
6 hours ago
Big TechSocial Media
YouTube’s cofounder and former tech boss doesn’t want his kids to watch short videos, warning short-form content ‘equates to shorter attention spans’
By Marco Quiroz-GutierrezMarch 1, 2026
10 hours ago
Slack cofounder Stewart Butterfield
SuccessProductivity
Slack cofounder says workers and CEOs can get stuck doing ‘fake’ work like pre-meetings and slide shows
By Emma BurleighMarch 1, 2026
10 hours ago
heitmann
CommentaryEntrepreneurship
Here’s how to build something that lasts, from the founder of a $300 million bootstrapped company that’s been growing for 28 years straight
By Tim HeitmannMarch 1, 2026
16 hours ago
U.S. President Donald Trump delivers the State of the Union address during a joint session of Congress in the House Chamber at the Capitol on February 24, 2026 in Washington, D.C.
EnergyData centers
Your utility bills keep going up. Here’s everyone you can blame—AI data centers included
By Jordan BlumMarch 1, 2026
18 hours ago

Most Popular

placeholder alt text
Economy
Your grandparents are the reason the U.S. isn't in a recession right now. That won't last forever
By Eleanor PringleMarch 1, 2026
16 hours ago
placeholder alt text
AI
The week the AI scare turned real and America realized maybe it isn't ready for what's coming
By Nick LichtenbergFebruary 28, 2026
2 days ago
placeholder alt text
Personal Finance
Trump's universal 401(k) architect on why lower-income people distrust retirement accounts: 'they want to know what the catch is'
By Jacqueline MunisFebruary 28, 2026
2 days ago
placeholder alt text
Success
Japanese companies are paying older workers to sit by a window and do nothing—while Western CEOs demand super-AI productivity just to keep your job
By Orianna Rosa RoyleFebruary 27, 2026
2 days ago
placeholder alt text
Success
MacKenzie Scott's close relationship with Toni Morrison long before Amazon put her on the path give more than $1 billion to HBCUs
By Sasha RogelbergMarch 1, 2026
9 hours ago
placeholder alt text
Success
Walmart exec says U.S. workforces needs to take inspiration from China where ‘5 year-olds are learning DeepSeek’
By Preston ForeFebruary 27, 2026
3 days 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.