World must prepare for ‘Armageddon’-style cyber attack

Tuesday, September 23, 2014 | Tag Cloud | Learn about out FREE SYNDICATION

LONDON (Worthy News)– The world must prepare for an “Armageddon”-style cyber attack, one of America’s most influential regulators told the UK Telegraph.

Benjamin Lawsky, superintendent of the New York State Department of Financial Services, said it was a “matter of time” before there is a major cyber attack on the global financial system, and that the public needs to invest heavily in preventing disaster now, or pay an even higher price later on.

“They [cyber attackers] are breaking into everything. It is only a matter of time before something happens that is more systematic and problematic,” he said.

“I worry that we are going to have some sort of major cyber-event in the financial system that’s going to cause us all to shudder”. [wp_colorbox_media url=”http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11114284/World-must-prepare-for-Armageddon-style-cyber-attack-warns-US-regulator.html” type=”iframe” hyperlink=”Source”]

We're being CENSORED ... HELP get the WORD OUT! SHARE!!!
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News