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Saturday, January 21, 2012

Megaupload Founder Arrested, Anonymous Retaliates | CIO Today


January 20, 2012 1:39PM
"In the end, Anonymous may be doing us somewhat of a favor, because it is showcasing how vulnerable the country is to this kind of attack," said analyst Rob Enderle after the Megaupload crackdown. "Anonymous is this big scary group we don't know, but its resources are nowhere near the resources of Eastern Europe or China."

New Zealand police on Friday raided homes and businesses tied to the founder of Megaupload.com, a file-sharing site U.S. authorities shut down. Police confiscated guns, luxury cars and millions of dollars in cash, according to officials.

Kim Dotcom, also known as Kim Schmitz, along with three Megaupload employees, were busted on Thursday. They are charged with facilitating millions of illegal downloads of music, films and other copyright content. Authorities estimate the theft cost intellectual property holders at least $500 million in revenues.

"What's ironic about this arrest is that it showed how existing laws are adequate to the task -- what the Congress is attempting to do with SOPA they already did before SOPA by shutting down Megaupload," said Rob Enderle, principal analyst at Enderle Group. "The shutdown of Megaupload made it look like SOPA was redundant; that all authorities have to do is aggressively enforce the laws that are on the books."





Megaupload Founder Arrested, Anonymous Retaliates | CIO Today

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