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Submission + - NSA Director Says Cybercrime is 'Greatest Transfer of Wealth in History' (threatpost.com)

Trailrunner7 writes: The general in charge of the National Security Agency on Monday said the lack of national cybersecurity leglislation is costing us big and amounting to what he believes is "the greatest transfer of wealth in history."

U.S. Army Gen. Keith B. Alexander urged politicians to stop stalling on approving a much-needed cybersecurity law — of which various versions currently are circulating in Congress. At the same time, he implored private companies to better cooperate with government agencies, many of whom remain mum because of privacy concerns.

"We can do the protection of civil liberties and privacy and cybersecurity as a nation. Not only that we can, but I believe it's something that we must do," Army Gen. Keith B. Alexander told an audience at the American Enterprise Institute in Washington, D.C.

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NSA Director Says Cybercrime is 'Greatest Transfer of Wealth in History'

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