Big data bigwigs cash in

Many of the biggest players tasked with protecting the country after Sept 11 have a new mission, and one that pays: securing all of the data the corporate world collects on its customers.

Ex-Cabinet chiefs Tom Ridge and Michael Chertoff count Fortune 500 companies among their clients anxious to secure computer systems and avoid the fate of Target, the victim of an epic data breach last fall.

Former Capitol Hill lawmakers and senior staff central to the last decade’s battles over privacy and security have traded their top-secret government clearances for lucrative jobs as consultants and lobbyists. Retired Gen Keith Alexander, the former National Security Agency director tarred by Edward Snowden’s leaks, launched his own firm this spring, just weeks after leaving government.

Lobbying on cybersecurity, privacy and other data issues has skyrocketed over the past decade, with a more recent hiring spree driven by the Snowden scandal and major security breaches at some of the country’s largest companies. Dozens of boutique firms and established K Street players are entering the red-hot market and touting their top recruits from the executive and legislative branches.