Few events have crystallized U.S. fears over a cyber catastrophe, or brought on calls for a strategic response, more than the recent attacks against Google and more than 30 other tech firms.The company’s disclosure in January that it was attacked by China-based hackers — and its subsequent decision to scale back operations there — have stoked long-standing fears over the ability of cyber adversaries to penetrate commercial and government networks in the U.S.If a full-fledged cyberwar were to break out, the nation’s economy would be hit hard. Banks might not be able function, electricity, water and other utilities could be shut off, air travel would almost certainly be disrupted, and communications would be spotty at best — in a word, chaos.Few think that such a war is imminent. But damage has already been done by a slew of cyberattacks that, while well short of cyberwar, have still resulted in the theft of terabytes of intellectual property data, trade secrets and classified military and government information. That information is now in the hands of overseas groups, many of which are thought to be state-sponsored.It’s not just data and secrets. Cyberthieves have also made off with billions of dollars from U.S companies… Read full this story
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