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With a fresh wave of cyber attacks unleashed Thursday, we wondered who benefits as criminals and mischief makers attempt to thwart the world’s computers?
It appears that someone unleashed a fresh wave of cyber attacks, Thursday. This time hackers focused on targets in South Korea with some government websites and banks the intended victims.
A few days earlier a similar assault was unleashed on the United States with the White House, Pentagon and The New York Stock Exchange among the intended marks. Although the US government admits some sites were compromised, by and large it appears most successfully blunted the computer assaults.
It’s not immediately clear who’s responsible for the attacks or what their motives may be. Early speculation suggests they could have come out of North Korea although the attacks will be difficult to trace, says Professor Peter Sommer, an expert on cyberterrorism at the London School of Economics. "Even if you are right about the fact of being attacked, initial diagnoses are often wrong."
"I think the threat is more serious than the war on terror. These hackers could wipe out financials systems or steal trade secrets from the Pentagon," says Alex Hamilton of Jesup & Lamont on Fast Money.
Who benefits as criminals and mischief makers attempt top thwart the world’s computers?
Perhaps its CACI [CACI
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] a company that specializes in cyber security. Alex Hamilton sure likes this name. "On a historical basis the stock is depressed and I think there’s room for margin expansion," he says.
Considering the administration has vowed to made the nation's computer networks you might want to put this name on your radar.
Read More:
> White House Among Targets Of Sweeping Cyber Attacks
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Trader disclosure: On July 9th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Finerman's Firm And Finerman Own (BAC) Preferred Shares; Finerman's Firm And Finerman Own (RIG); Finerman's Firm Owns (ELX) And (ELX) Puts; Finerman's Firm And Finerman Own (WFC) Preferred Shares, Finerman's Firm Is Short (WFC); Finerman's Firm Owns (DYN), (TGT), (MSFT), (PBR), (WMT); Finerman's Firm Is Short (XRT), (IYR), (IJR), (MDY), (SPY), (IWM), (USO), (USO); Seymour Owns (AA), (AAPL), (BAC), (C), (DBA), (EEM); Seygem Asset Management Is Short (FXI); Seymour Owns (MGM); Seygem Asset Management Owns (DO); Terranova Owns (OIH), (XBI), (ABT), (MSFT), (POT), (RIMM); Terranova Owns Crude Oil Futures
Terranova Works For (VRTS); Terranova Is Chief Alternatives Strategist Of Virtus Investment Partners, Ltd.; Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO
Virtus Diversifier PHOLIO Owns (IGE); (DBC); (DBV) , (ABD) Virtus Investment Partners Owns More Than 1% Of (ABD), (CBL), (CAL), (CLB), (DLR), (EXR), (IGE) (MEE), (DBC), (DBV), (DBA), (SKT), (TNB), (UA), (WBMD) ; Virtus Investment Partners Owns More Than 1% Of Seagate Tax Refund Rights; Virtus Investment Partners Owns More Than 1% Of St Mary Land & Exploration Co
CNBC.com with wires
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