The Register - US government's $6bn super firewall doesn't even monitor web traffic -
Despite having spent $1.2bn in 2014 and $5.7bn in total, however, the system still only monitors certain types of network packets – and that does not include web traffic or cloud services.
How bad is it in reality? The GAO tested the system by trying to exploit 489 known vulnerabilities in Adobe Acrobat, Flash, Internet Explorer, Java and Microsoft Office. Of them, just 29, or six per cent, were picked up by the scanners and stopped – allowing the rest to reach potentially vulnerable devices. So, six per cent coverage of known security holes for $6bn. Money well spent.
Remember all that business class stuff about core competencies. Apparently DHS doesn't. Isn't it time we did away with DHS and returned the child agencies to their original homes and some adult (or at least adolescent supervision).
With the global economy looking increasingly fragile, Japan is now taking a more aggressive step by cutting interest rates below zero on Friday.
The policy — which means banks are essentially paying for the privilege of parking their money — represents a last resort for a country that has struggled through a quarter-century of weak growth. In theory, negative rates will push banks to lend more to companies, which would then spend and hire.