The Bankwatch

Tracking the consumer evolution of financial services

Who is your Edward Snowden?

The story of Edward Snowden is becoming more interesting than the message he has brought.  He has been a spy all his adult life and he has been with Booz Allen for 2 months~.  Further he is 29 years old suggesting a career span of 10 – 11 years max.  The dichotomy of this apparently intelligent young man lies in the range between delusions of grandeur and deep experience with the shadow world of espionage.

The personal history of Snowden will become a large part of this increasingly fascinating story. 

Booz Allen Statement on Reports of Leaked Information

Booz Allen can confirm that Edward Snowden, 29, has been an employee of our firm for less than 3 months, assigned to a team in Hawaii.

Code name ‘Verax’: Snowden, in exchanges with Post reporter, made clear he knew risks

“There’s no precedent in my life for this kind of thing,” he wrote. “I’ve been a spy for almost all of my adult life — I don’t like being in the spotlight.”

Relevance to Bankwatch:

The larger story once we get over this flash in the pan will be the assumption that business people make regarding computer information systems.  The core assumption, which is flawed, applies to the NSA and to Banks, as well as all businesses.  That assumption is that business information is opaque to the information system handlers. 


No matter our business, whether Government, Bank, or corner store, the network and application development guys have access to, at best limited business information, and at worst all of your information including username and password information.   Can you answer the question of their access?

Edward Snowden is a wake up call to all those business leaders who assumed technology is a black box.  You have to know your tech guys and know them well.  Those guys are defenseless in most businesses.  You also have to understand the controls in place and that is the best defense for all including the defenseless tech guys.

Written by Colin Henderson

June 10, 2013 at 00:14

Posted in Uncategorized

One Response

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  1. Worse yet, how many of the tech peeps send info the the IRS or other feddy?


    June 14, 2013 at 08:56

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