"...vulnerabilities remain on "everything from hacking someone's computer so when you visit the website it actually tries to hack your computer back, all the way to being able to extract email addresses, users names—first name, last name—[and] locations"

◼ No security ever built into Obamacare site: Hacker - Matthew J. Belvedere|Producer, CNBC's "Squawk Box"

Another online security expert—who spoke at last week's House hearing and then on CNBC—said the federal Obamacare website needs to be shut down and rebuilt from scratch. Morgan Wright, CEO of Crowd Sourced Investigations said: "There's not a plan to fix this that meets the sniff test of being reasonable."

◼ LATE IT CASH SURGE FORESHADOWED HEALTH-LAW WOES Although the Affordable Care Act has been law for three and a half years, one third of the funds going to the top contractors working on the federal exchanges were awarded in the six months before the new insurance marketplaces opened Oct. 1, a Bloomberg Government Analysis has found.

The torrent of late spending — almost $352 million of $1 billion in awards to the top 10 contractors — indicates the magnitude of the work still to be done as opening day approached, and helps explain the information technology problems that have dogged the exchange system since its launch. In a typical IT project, spending ramps up to a peak, then trails off during the final phase....

...unlike the GAO study, which focused solely on contracting for the exchanges and a related data services hub, BGOV used its federal contracts database to look at all health law-related contract awards to the firms since the ACA was enacted in March 2010.

It included all awards where the acronym “ACA,” or the names or acronyms of programs closely related to the law appeared in the contract descriptors. It excluded all contracts where a direct link could not be made to the law, although it assumed that most recent IT awards by the Department of Health and Human Services are ACA-related because the law’s implementation has consumed an increasing share of the department’s time and resources....

Besides showing the rush to issue contract awards in the months leading up to the opening of exchanges, the BGOV analysis also revealed that the implementation of the health law is costing substantially more than generally is portrayed.

Although the GAO made clear that its study focused solely on the costs of implementing the federal exchanges and the data services hub, its $394 million tally for work through March 31 has been widely cited as the price tag for the entire launch of the law. But in looking at the full range of ACA-related contracts for just 10 firms, the BGOV analysis found more than $1 billion worth of contract awards.