On May 29, 2009, the President of the United States gave a speech on securing our nation's cyber infrastructure. Despite the fact that we were in the height the great recession at the time, the importance for cyber security prompted immediate attention and awareness by the Executive office.
When recounting, then recent attacks that led to the need to address cyber security, President Obama remarked, “In one brazen act last year, thieves used stolen credit card information to steal millions of dollars from 130 ATM machines in 49 cities around the world -- and they did it in just 30 minutes. A single employee of an American company was convicted of stealing intellectual property reportedly worth $400 million. It's been estimated that last year alone cyber criminals stole intellectual property from businesses worldwide worth up to $1 trillion.”