CNN Money

NSA Wants to Hire Hackers

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LAS VEGAS (CNNMoney) — Wearing a t-shirt and jeans, America’s top spymaster — National Security Agency Director Gen. Keith Alexander, also the head of the U.S. Cyber Command — took the stage Friday at the nation’s largest hacker convention to deliver a recruiting pitch.

“In this room, this room right here, is the talent our nation needs to secure cyberspace,” Alexander told the standing-room-only audience at DefCon, a grassroots gathering in Las Vegas expected to draw a record 16,000 attendees this year. “We need great talent. We don’t pay as high as everybody else, but we’re fun to be around.” Keep reading →

 /  Published July 30, 2012 at 12:00 PM

$171 Million In SBA Disaster Loans Not Paid Back

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NEW YORK (CNNMoney) — Just as the government expands its disaster loan program for businesses hurt by the drought, a new report shows the agency that distributes the loans is letting millions of dollars go unpaid.

As of late last year, taxpayers were owed $171 million for delinquent disaster loans, according to an audit by the inspector general of the Small BusinessAdministration. Keep reading →

 /  Published July 24, 2012 at 10:30 AM

‘Hidden Spending’ Makes Government Bigger

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NEW YORK (CNNMoney) — Which costs the federal government more: a $2,100 check from Uncle Sam or a tax break worth $2,100?

The answer is they cost the same. Keep reading →

 /  Published April 2, 2012 at 12:17 PM

Dartmouth Chief Tapped To Head World Bank

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NEW YORK (CNNMoney) — President Obama on Friday nominated Dr. Jim Yong Kim, the president of Dartmouth College, to be the next president of the World Bank.
Kim’s background is in medicine, not economics or business as has been the case with most previous World Bank presidents. He has worked with international organizations, serving as a senior official at the World Health Organization.

Kim is particularly known for his efforts addressing health concerns, including AIDS, in developing countries. He was one of the founders and former executive director of Partners In Health, a not-for-profit organization that supports health programs in poor countries. Keep reading →

 /  Published March 23, 2012 at 3:36 PM

‘Hacktivists’ stole 58% of thieved data in 2011

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NEW YORK (CNNMoney) — Anonymous and other “hacktivist” groups rose to new prominence in the cybercrime universe last year, and a new report shows that they made some serious mischief.

Verizon’s (VZ, Fortune 500) annual Data Breach Investigations Report, released Thursday, found that hacktivist groups were responsible for 58% of all data stolen last year. The telecom giant compiled data breach information from its customers and from law enforcement agencies in five countries. Keep reading →

 /  Published March 22, 2012 at 3:30 PM

20 Top Jobs If You’re Leaving The Military

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As the Defense Department begins making good on plans to cut upwards of $450 billion from defense budgets over the decade ahead, one thing seems certain: A tidal wave of military personnel will soon be looking for work.

A new report, published on CNNMoney.com however, suggests that men and women in uniform will find a relatively wide assortment of high paying jobs in the market that require many of the specialized skills they learned while serving the nation. Keep reading →

 /  Published October 13, 2011 at 12:03 PM