Obama Proposes Cyber Law Update In Wake Of Sony Hack

Never mind that …

It Wasn’t North Korea Or Russia: Sony Hack ‘Perpetrator’ Said To Be Laid-Off, Disgruntled Employee

… just use the momentum and attack your enemies …

Obama Sanctions North Korea For Sony Hack Which Was Perpetrated By Disgruntled Former Employee

Flashback:

Senator Jay Rockefeller: Internet Is The ‘No.1 National Hazard’ (Video):

‘It really almost makes you ask the question would it have been better if we had never invented the internet.’


obama-cyberwar

Obama proposes cyber law update in wake of Sony hack (RT, Jan 13, 2015):

The White House has unveiled a proposal aimed at strengthening cybersecurity within the US by encouraging sharing between sectors and installing new penalties after a series of high-profile attacks targeted government and private sector networks.

The initiative, announced by US President Barack Obama during a planned visit on Tuesday to the US Department of Homeland Security in Virginia, calls for new legislation to be adopted by Congress in order to enhance the sharing of electronic threat information between the private sector and the government, while also revamping the Computer Fraud and Abuse Act, or CFAA – the 1984 federal law that outlines when and what hacking charges can be brought against suspected cyber criminals.

Read moreObama Proposes Cyber Law Update In Wake Of Sony Hack

Obama Sanctions North Korea For Sony Hack Which Was Perpetrated By Disgruntled Former Employee

Obama Sanctions North Korea For Sony Hack Which Was Perpetrated By Disgruntled Former Employee (ZeroHedge, Jan 2, 2014):

US foreign policy just jumped the shark: a few days after both the FBI and the US State department were humiliated when it was revealed that it wasn’t North Korea but a disgruntled, laid off Sony employee that was responsible for the “hack”, and when the best possible course of action would have been to simply let this latest embarrassing incident fade from memory, moments ago Obama – currently not working out next to a rainbow or flashing his support of “Shaka” –  just signed his first executive order of 2015, imposing even more sanctions against North Korea.

From Bloomberg:

President Obama signs order imposing additional sanctions on North Korea in response to country’s “efforts to undermine U.S. cyber-security and intimidate U.S.businesses and artists exercising their right of freedom of speech,” according to Treasury Dept statement.

Read moreObama Sanctions North Korea For Sony Hack Which Was Perpetrated By Disgruntled Former Employee

Defiant North Korea Says Can Prove It Is Not Behind Hack “Without Resorting To Torture Like The CIA”

Defiant North Korea Says Can Prove It Is Not Behind Hack “Without Resorting To Torture Like The CIA” (ZeroHedge, Dec 20, 2014):

Just hours after the FBI announced that, with absolute certainty, it had determined that North Korea was behind the Sony hack, a “theory” that has become the butt of global jokes, we learned, in a far less prominent release, that according to an internal inquiry, FBI evidence if “often mishandled.” According to the NYT, “F.B.I. agents in every region of the country have mishandled, mislabeled and lost evidence, according to a highly critical internal investigation that discovered errors with nearly half the pieces of evidence it reviewed.

The evidence collection and retention system is the backbone of the F.B.I.’s investigative process, and the report said it is beset by problems.

It gets better: according to the report, the F.B.I. was storing more weapons, less money and valuables, and two tons more drugs than its records had indicated. Almost as if the FBI was siphoning off cash, while hoarding guns and blow.

Read moreDefiant North Korea Says Can Prove It Is Not Behind Hack “Without Resorting To Torture Like The CIA”

Obama Chides Sony’s Decision To Nix Film, Says US MUST RETALIATE And Pass CYBER ACT

Related info:

The Interview Is “Desperately Unfunny”, “Will Flop” If Not Cancelled According To Leaked Sony Emails


mlk-obama-dream-versus-nightmare

Obama chides Sony’s decision to nix film, says US must retaliate and pass cyber act (RT, Dec 19, 2014):

Sony Pictures Entertainment should have touched base with the White House before deciding to cancel the release of a controversial movie, United States President Barack Obama said Friday.

Weighing in on the major Sony scandal only hours after federal investigators attributed the recent hack to North Korea, Pres. Obama said the Hollywood studio was wrong to pull “The Interview,” a satirical film containing a plot to kill North Korean Pres. Kim Jong Un that was scheduled to be released on Christmas Day.

At the same time, though, Obama said the attack should serve as a wake-up call to Congress and prompt lawmakers in Washington, DC to get serious about implementing cybersecurity legislation in the wake of what is only the latest hack to be endured by a major American company.

Read moreObama Chides Sony’s Decision To Nix Film, Says US MUST RETALIATE And Pass CYBER ACT

The Interview Is “Desperately Unfunny”, “Will Flop” If Not Cancelled According To Leaked Sony Emails

–  The Interview Is “Desperately Unfunny”, “Will Flop” If Not Cancelled According To Leaked Sony Emails (ZeroHedge, Dec 19, 2014):

The conspiracy theories surrounding the story of The Interview’s cancellation in the aftermath of the North Korean “hacking” just keep getting stranger by the day, (and will, in 6-9, months lead to the blockbuster drama: “How ‘The Interview’ Got Cancelled“)

First, as we previously reported, at the same time as the NYT reported that according to the US the hack “undisputedly” originated in North Korea, Wired magazine released an article explaining why it is impossible to make such a determination (see Someone is Lying). That, however, did not stop the US on its inexplicable witch hunt, and moments ago Reuters reported that according to the US, it was indeed North Korea who was responsible for the hacks (although, the report adds, North Korea may have had a little help from China so nobody really know but whatever).

From Reuters:

Read moreThe Interview Is “Desperately Unfunny”, “Will Flop” If Not Cancelled According To Leaked Sony Emails

Sony suspends filming after hackers hit payments

Sony suspends filming after hackers hit payments (The Times, Dec 13, 2014):

The Hollywood studio that made the James Bond and Spider-Man films has abandoned shoots after hackers crippled its computer network, and leaked four films and thousands of documents.

Agencies filming for Sony Pictures have cancelled shoots because the problems have left it unable to process payments, a source told The Times.

The attack by Guardians of Peace, a hacking collective suspected of having links with North Korea, has taken most of Sony Pictures’ computers offline.

Abenomics Crushes Sony: Electronics Giant Forced To Cancel Dividend For First Time Ever

Abenomics Crushes Sony: Electronics Giant Forced To Cancel Dividend For First Time Ever (ZeroHedge, Sep 17, 2014):

It was over a year ago, when contrary to the propganda spewed on a daily basis by the Japanese government hell bent on destroying the domestic economy, now suffering its Keynesian death rattle, just to push stocks to highs which nobody except for a few thousand people will be able to monetize on, that the CEO of Sony explicitly warned that “the preconception is that a weaker Yen is good overall. Unfortunately for us, versus the USD, it goes the other way… we are actually at a disadvantage.” He wasn’t kidding and just under a year later, back in May, Sony shocked everyone when the electonics giant not only posted a massive net loss of $1.3 billion, far worse than previously expected, but also slashed its profit outlook by 70%.

Fast forward to today, when minutes ago the Yen hit another multi-year low against the dollar, which sure enough, is great for the nominal value of Japanese stocks, if horrible for the actual Japanese companies, the Japanese middle class, and pretty much everyone except for a few superrich people. Such as Sony. Because the (now former) electronic giant, which once upon a time was the target of an activist campaign by none other than Dan Loeb who mysteriouly saw value in the company, once again stunned everyone when it reported overnight that it expects its annual loss to swell to $2 billion, but, far worse, canceled the payment of its dividend for the first time ever after writing down the value of its troubled smartphone business.

 Needless to say, Sony’s stock which doubled in 2013 for the completely wrong reasons, is now crashing.

Read moreAbenomics Crushes Sony: Electronics Giant Forced To Cancel Dividend For First Time Ever

Foxconn CEO Terry Gou: “We Have Over 1 Million Workers. In The Future We Will Add 1 Million Robotic Workers. Our [Human] Workers Will Then Become Technicians And Engineers.”

Foxconn to speed up ‘robot army’ deployment; 20,000 robots already in its factories (ITworld, June 26, 2013):

Manufacturing giant Foxconn Technology Group is on track with its goal to a create a “million robot army”, and already has 20,000 robotic machines in its factories, said the company’s CEO Terry Gou on Wednesday.

Workers’ wages in China are rising, and so the company’s research in robots and automation has to catch up, Gou said, while speaking at the company’s annual shareholder’s meeting in Taipei. “We have over 1 million workers. In the future we will add 1 million robotic workers,” he said. “Our [human] workers will then become technicians and engineers.”

Foxconn is the world’s largest contract electronics maker and counts Apple, Microsoft and Sony as some of its clients. Many of its largest factories are in China, where the company employs 1.2 million people, but rising are threatening to reduce company profits.

Read moreFoxconn CEO Terry Gou: “We Have Over 1 Million Workers. In The Future We Will Add 1 Million Robotic Workers. Our [Human] Workers Will Then Become Technicians And Engineers.”

Whistleblower Warns Of Japan’s ‘Collective Economic Suicide’

I told you even before Fukushima that Japan is finished.

And again, this is the ‘Greatest Depression’ & the greatest financial/economic collapse in world history is coming.


Whistleblower Woodford warns of Japan’s ‘collective economic suicide’ (Independent, Nov 23, 2012):

In the case of Japan these days, no news is ever good. The third-biggest economy in the world will next week release another set of numbers that will, in all likelihood, paint more detail of an economy laid up on the terminal ward.

In the third quarter of the year, Japan’s GDP crashed 0.9 per cent. In the West, we talk about Japan’s “lost decade” of zero growth and deflation, but in reality, they’ve lost two decades and are about to lose the third.

Meanwhile, its politics lurch from one crisis to the next. New parties are now uniting to kick out an old guard of politicians who have brought such listless drift to the country for so long.

But the new parties are of the right, sending worrying signals about how the general population is starting to think about getting itself out of the mire.

Recent days have seen shocking numbers from Panasonic and Sony, whose debt has been downgraded to junk status.

Sharp is like a walking zombie, warning earlier this month that it may not be able to survive, and the country’s “megabanks” have declared $6.7bn (£4.2bn) in losses on the value of their equity investments.

Meanwhile, the population is ageing faster than Dorian Gray’s portrait. The birth rate is so low that the country’s population shrinks each year, while the pensioners live ever longer. National debt as a proportion of GDP is running at 235 per cent – that’s even worse than Greece.

This is the compelling narrative of the country told by Michael Woodford, the whistleblower who won The Independent’s businessman of the year award last year for his brave exposure of a multibillion-dollar fraud at the heart of the Olympus cameras empire.

As the former chief told The Independent yesterday: “Japan is on an inevitable decline to oblivion.”

Read moreWhistleblower Warns Of Japan’s ‘Collective Economic Suicide’