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CIA Invests In Anti-Cybercrime Startup 38

Posted by samzenpus
from the silent-partners dept.
wiredmikey writes "Launched by the CIA in 1999, In-Q-Tel's mission is to identify and partner with companies developing cutting-edge technologies that serve the national security interests of the United States. In-Q-Tel has invested an undisclosed sum in Silver Tail Systems, an emerging online fraud prevention and analytics company, an investment they say enables them to offer powerful technology companies in the US intelligence community and further protect the nation's assets."
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CIA Invests In Anti-Cybercrime Startup

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  • made me think of some bondage with THE ;) royal family - Prince Charles and Camilla and handcuffs is just a wrong image.

    • Re: (Score:3, Funny)

      by cappp (1822388)
      A wrong image perhaps...but now I've got something to replace reciting baseball scores with when I next have to uh cross the finish line second.
  • Commercial? (Score:5, Informative)

    by oakbox (414095) on Thursday October 28, 2010 @04:30AM (#34047004) Homepage

    This reads more like a commercial than an article for Slashdot.

    What's up with that?

    Or am I simply not seeing the big picture here?

    - oakbox

  • by cappp (1822388) on Thursday October 28, 2010 @04:39AM (#34047038)
    If you're wondering what Silver Tail does: TFA provides the following

    “Silver Tail Systems solution monitors website traffic and identifies anomalies in real-time. Their unique system creates models of what is normal traffic for a website’s population and uses that to identify threats,” said William Strecker, Executive Vice President of Architecture & Engineering and CTO at IQT. “Our strategic investment in Silver Tail Systems enables us to offer this powerful technology to our customers in the U.S. intelligence Community and further protect our Nation’s assets.”

    Silver Tails own website [silvertailsystems.com] adds

    New ways of combating fraud: The global threat landscape is rapidly changing and evolving. Sophisticated criminals always find ways around traditional fraud protection solutions. Silver Tail Systems has technology which monitors all web traffic and detects what is normal website behavior and what behavior is looking anomalous according to user statistics constantly updated by the hour. This real-time monitoring helps combating fraud as it emerges. Receiving alerts about suspicious web traffic lets the website administrator quickly identify the type of threat occurring and investigate the attempted attack. Once an attack is identified easy rules will divert the bad actors in real-time, protecting the website from being compromised.

    Any of the techy people feel like explaining this to the rest of us? Am I exposing my ignorance by assuming it's basically a giant spreadsheet comparing whats happening now with what happened then?

    • Re: (Score:3, Informative)

      by vegiVamp (518171)

      > monitors website traffic and identifies anomalies in real-time.

      mod_security.

      > creates models of what is normal traffic for a website’s population and uses that to identify threats

      Looking for peaks in the bandwith and connection rate graph.

      • by rtb61 (674572)

        Also Silver Tail will release endless end of the world press release about computer viruses infecting people and destroying the planet, unless of course they get hundreds of millions of dollars in CIA approved funding (which of course will be used in off the books hacks of other nations including and especially allies).

    • Re: (Score:2, Interesting)

      by Anonymous Coward

      So many things wrong with this.
      Bad idea - hmm - maybe they talk in the park, or use paper/ dead drops or sd cards with magnets.

      First, they did it with mail and phones and then mobile phonecalls - ignoring the bit that they are not supposed to be bugging Americans domestically. They even demo the software for bookmakers, say before a horse race, big game old old hat. Maybe they do the same think on the futures and stockmarket rooms - who knows? Even the police have this 'technology'

      They have had 'Vampire Tap

    • by Nyder (754090)

      If you're wondering what Silver Tail does: TFA provides the following

      “Silver Tail Systems solution monitors website traffic and identifies anomalies in real-time. Their unique system creates models of what is normal traffic for a website’s population and uses that to identify threats,” said William Strecker, Executive Vice President of Architecture & Engineering and CTO at IQT. “Our strategic investment in Silver Tail Systems enables us to offer this powerful technology to our customers in the U.S. intelligence Community and further protect our Nation’s assets.”

      Silver Tails own website [silvertailsystems.com] adds

      New ways of combating fraud: The global threat landscape is rapidly changing and evolving. Sophisticated criminals always find ways around traditional fraud protection solutions. Silver Tail Systems has technology which monitors all web traffic and detects what is normal website behavior and what behavior is looking anomalous according to user statistics constantly updated by the hour. This real-time monitoring helps combating fraud as it emerges. Receiving alerts about suspicious web traffic lets the website administrator quickly identify the type of threat occurring and investigate the attempted attack. Once an attack is identified easy rules will divert the bad actors in real-time, protecting the website from being compromised.

      Any of the techy people feel like explaining this to the rest of us? Am I exposing my ignorance by assuming it's basically a giant spreadsheet comparing whats happening now with what happened then?

      Sure, what they are saying is, they monitor all the web traffic a site does, then analyse that data to make a "standard" web pattern for that website. Then they compare their "standard" to what's coming in, and if something doesn't match normal traffic patterns, they will check it out.

      They will alert whomever the attack is upon.

      So basicly, lets say your a banking web site, and during normal off hours, there is suddenly a lot of traffic hitting their servers. They would know from their "standard" that so

  • Suspicious? (Score:4, Insightful)

    by aaaaaaargh! (1150173) on Thursday October 28, 2010 @04:52AM (#34047094)

    In future, better not do anything suspicious like clicking on the wrong links or visit a website in an unusual order! Because that might get you killed by an unmanned aerial vehicle... However, no need to worry about the government. As long as you do exactly the same as everybody else, you're completely safe.

    • by Buggz (1187173)
      It looks like a lot of lawyers might get a decent payday when the first slashdot effect hits.
  • Not just fraud (Score:2, Insightful)

    by nomad-9 (1423689)
    Apart from that specific article, the more important point IMO is that IQT's mission is not just "fraud", but whatever is supposed to serve "national security". The latter being increasingly used as an excuse to monitor as many people as possible.

    In 2009 for example, IQT invested in a company called "Visible Technologies" which specialized in social media monitoring & tracking, such as the monitoring of blog posts or tweets. Another company IQT invested in, "Recorded Future" , extracted "time and even

    • by sempir (1916194)
      If I hadn't read it here I wouldn't have believed it! Imagine doing something like that. That's terrible. I'm shocked to the core. Just going to lie down for a bit!
  • Worth reading.
  • If it's so good,why are we finding out about it? Shouldn't this be kept secret?
  • in-q-tel knows what they are doing, just look how much personal information & profit they've gotten out of that facebook thing.. http://www.guardian.co.uk/technology/2008/jan/14/facebook [guardian.co.uk]
  • This is the "big story" about what the CIA is investing in!:

    http://www.silvertailsystems.com/images/forensics_a.jpg [silvertailsystems.com]

    CUTTING EDGE!
    /downsrim
  • How about the CIA/NSA/FBI invest in a company that further protects the interests of the *U.S. Constitution*?

    • by slick7 (1703596)

      How about the CIA/NSA/FBI invest in a company that further protects the interests of the *U.S. Constitution*?

      How about the CIA/NSA/FBI/KBR/DHS/KFC/TGIF/ABC/DO-RE-ME/1-2-3 invest in themselves that further protects themselves and damn the constitution.
      The DEA is the strong-arm of the drug-dealing CIA, which is the supplying agency of the DEA. How black does a black project have to be?

We don't know one millionth of one percent about anything.

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