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What The Government Data Breach Means For You

20150710_cybersecurity_opm_hack.jpg?width=300One in 14 Americans may have just lost tons of their personal information — everything from their Social Security Number and birthdates to notes on their finances, relationships and even sexual proclivities — to hackers in a massive cyber breach, a federal agency said Thursday.

Hackers have made off with confidential data belonging to 22 million people who work, formerly worked or have applied to work for the federal government, costing a top agency official her job and exposing troves of sensitive data stored by the Office of Personnel Management (OPM), which serves as a sort of human resources for federal workers.

Here's a breakdown of the biggest questions — including what you should know about the attack, who is affected and what it means for you.

Which databases were hit?

While OPM has declined to say exactly which systems were affected, an agency filing in the Federal Register reveals two likely targets: the Enterprise Human Resources Integration (EHRI) system, which contains per

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Cyber Security Revisited

In December I pointed out cyber security firm Vasco Cyber Security VDSI and scratched my head as it certainly seemed to these eyes seems one that is pumped up in a scramble for yield and then plummet as markets experienced mean reversion after 2000  and 2007.  As we all know from experience, parabolic moves, very often correct violently.  On a 10 year monthly chart, VDSI certainly seemed parabolic.

They target banks and financial services customers.  After JPM, Visa and Mastercard were all hacked the last few years, is there trouble in paradise?  Did this laggard deserve the run up?

Historically it generally traded very thin, under 100k shares per day but suddenly in 2014, volume ramped up and traders were piling in.  Was a laggard being pumped?  "Who doesn't love cyber security?  Let's buy them all." but are all cyber security firms alike?  Shares of rivals FTNT, PANW and PFPT have performed better while FEYE has lagged while CUDA has seen recent weakness.  Why the sudden interest i

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