QOTD - Bank of England's Haldane on Cyber Risks

The focus on credit, market and liquidity risk over the past 5 years may have distracted attention from operational, and in particular cyber risks, among financial institutions and infrastructures. This is a rapidly rising area of risk with potentially systemic implications. It calls for a system-wide response.
--Andrew Haldane, Director of Financial Stability for the Bank of England

Src: www.bankofengland.co.uk/publications/Documents/other/treasurycommittee/appoint/haldane_jun13.pdf

QOTD - Obama on NSA Spying

You can’t have 100% security, and also then have 100% privacy, and zero inconvenience. We’re going to have to make some choices as a society. 
-- US President Barack Obama

Src: Obama: Spying programs only ‘modest’ invasion of privacy | The Ticket - Yahoo! News

QOTD on the value of data to hackers

Cyber criminals have come to appreciate that sensitive personal and organisational information are the currency of their ‘hacker economy.'
-- Vincent Weafer, Senior VP, McAfee Labs

Src: Hackers' Citadel and Koobface Trojans pose major threats to business data - IT News from V3.co.uk