New laws that make bankers legally obligated to alert customers of any cyber security breaches on their firms networks have coincided with LulzSec and Anonymous declaration of war against the world's governments and banks.
The new cyber security laws
The new laws were revealed in a speech made by Viviane Reding, vice-president of the European Commission to the British Bankers' Association earlier this week.
The proposed laws would mean that unlike now, where banks don't have to alert customers about internet security breaches, any company or business would be legally obligated to alert its customers of any successful hack on its network.
In the speech Reding warned bankers that new laws would make them legally obliged to alert customers over any and all cyber security breaches their firm suffers.
"I intend to introduce a mandatory requirement to notify data security breaches," commented Ms Reding.
Adding, "I understand that some in the banking sector are concerned that a mandatory notification requirement would be an additional administrative burden. However, I do believe that an obligation to notify incidents of serious data security breach is entirely proportionate and would enhance consumers' confidence in data security and oversight mechanisms."
The European Commission is expected to to make its formal proposals to implement the new laws later this year.
Operation Anti-Security, is a new worldwide initiative, that will see both the hacking collectives LulzSec and Anoymous work together to coordinate attacks against the world's governments and businesses.
As was the case with Anonymous' attacks in Turkey, the new campaign will apparently be a form of protest against certain governments internet censorship and moderation policies:
"As we're aware, the government and whitehat security terrorists across the world continue to dominate and control our Internet ocean. Sitting pretty on cargo bays full of corrupt booty, they think it's acceptable to condition and enslave all vessels in sight.
"Our Lulz Lizard battle fleet is now declaring immediate and unremitting war on the freedom-snatching moderators of 2011."
The group has already claimed responsibility for an attack on the U.K.'s Serious Organised Crime Agency under the Operation Anti-Security banner. The collective has also claimed to already have hacked several other "key" targets and is set to release the information taken on its website later today.
If implemented the new laws could provide a window of opportunity for groups like LulzSec -- which rather than financial gain has listed entertainment as its primary motivation for hacking -- in its quest for "lulz".
LulzSec's has a track-record for making large corporations look foolish. The new backing laws would allow the group not only to hack and and publicise the attacks itself, but also to make the bank admit that it was "pwn3d".
It certainly isn't beyond the realms of imagination that a group like LulzSec -- which has even publicly celebrated its attacks in song -- could be attracted to such an idea.