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infosec-news: [ISN] Facing WikiLeaks Threat, Bank Plays Defense

[ISN] Facing WikiLeaks Threat, Bank Plays Defense

From: InfoSec News <alerts_at_nospam>
Date: Mon Jan 03 2011 - 09:52:09 GMT

The New York Times
January 2, 2011

By the time the conference call ended, it was nearly midnight at Bank of
America's headquarters in Charlotte, N.C., but the bank's
counterespionage work was only just beginning.

A day earlier, on Nov. 29, the director of WikiLeaks, Julian Assange,
said in an interview that he intended to "take down" a major American
bank and reveal an "ecosystem of corruption" with a cache of data from
an executive's hard drive. With Bank of America's share price falling on
the widely held suspicion that the hard drive was theirs, the executives
on the call concluded it was time to take action.

Since then, a team of 15 to 20 top Bank of America officials, led by the
chief risk officer, Bruce R. Thompson, has been overseeing a broad
internal investigation - scouring thousands of documents in the event
that they become public, reviewing every case where a computer has gone
missing and hunting for any sign that its systems might have been

In addition to the internal team drawn from departments like finance,
technology, legal and communications, the bank has brought in Booz Allen
Hamilton, the consulting firm, to help manage the review. It has also
sought advice from several top law firms about legal problems that could
arise from a disclosure, including the bank.s potential liability if
private information was disclosed about clients.


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