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Friday, August 26, 2011

Should FIS loot Russian Federation assets?

Krebs blog scooped the press concerning the unreported theft of approximately $13 million from Fidelity National Information Services (FIS), "the world's largest processor of pre-paid debit cards." A similar methodology was used by my previously lauded "young Darth Vader," the Russian who raided the Royal Bank of Scotland but did no jail time for his efforts. Russia gave him probation.

Question to FIS: Why not put some muscle behind an E-petition in the U.K. to legalize cyber privateering. Not only could you go after the crooks' banking assets, but you could also loot the Russian Federation Treasury (see my post by clicking here)?

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Implementation suggestions for THE MORGAN DOCTRINE are most welcome. What are the "Got'chas!"? What questions would some future Cyber Privateering Czar have to answer about this in a Senate confirmation hearing?