Replies to post #188365 on Wave Systems Corp. (fka WAVXQ)

[internet]

Encino....re Cyber Shockwave.....One of the topics that will come out of this CNN special ( IF I correctly understood the brief commercail that I saw ) is the issue of Machine Authentication. This WILL have an impact on Wave's bottom line ...IMHO Machine Authentication is shaping up to be a MAJOR issue for the feds.

Sincerely,

Jas

[lugan]

Here is a summary of the CNN report.

CNN: Shockwave 11PM

2010 Feb 20, CNN presented its simulation, “Cyber Shockwave,” a simulated US war-game response to a severe cyber attack on the country’s mobile telecom system.

V1 = Government panel discussion
NB = Newsbreak

V1) GNN (name of simulated news network) reports a severe cyber security breach via mobile phones. A government panel is quickly called to address the issue. A televised live US government panel calls the attacks a national crises and recommends the following:
a) Identify the issue – the attacks are quickly identified as a BOT (a remote-controlled robot) attack.
b) Identify source and political implications
c) Identify response – economic implications. Potential raised for turning off all mobile phone systems.

V1) Panel calls to define the problem.

NB) Reports come that the mobile phone infections are spreading to PC systems. A potential source is identified as coming from Irkutsk, Russia.

V1) Panel calls for implications on national security and raises the issue of retaliation. Issue named as “March madness”
Panel says there is no legal precedent for legal implications
Panel call to address the potential of public panic. 11:45 pm
Panel calls to confront Russia. Lack of policy presented.
Panel asks about shutting down foreign servers and ramifications.

NB) Perpetrator identified as coming from Sudan.

V1) Panel calls for response possibilities

NB) breaking news says the US eastern power grid has shut down. 2 explosions are reported at power stations.

V1) Panel calls for an analysis of the impact of the power station explosions and an immediate presidential response. 12:15 am
Panel notes that the private sector is already responding and calls for more government analysis as well as extraordinary steps: e.g. federalize the national guard, establish a command center, call for int’l. help, nationalize some 3000 US power companies.

V1) Summary: Identify a fix and format a response to the US public. 12:25

V1) Identify mechanism for response: e.g. solutions, such as security software, SW patches, security checks, ISP security. Questions followed on political ramifications. 12:35

V1) Proposed Government Response: 12:45
1) Create a cyber command
2) Present a voice to the public

V1) Panel identifies the issue as ongoing and geographically amorphous.
Panel says the government needs to get the public to participate.

Post discussion: Summary of all the above.

Looks to me like WAVX is on top of all this in a big way.
Feel free to contribute analysis.