Chinese Hacking Causes Massive damage to US Economy
Posted on February 17, 2012 with 0 comments
The value of stolen American intellectual material from US corporate computers in the last year was almost $500 billion, 90-95% of it by the Chinese. Their 5 year economic plan is based on stolen info. This is a cyber cold war against the US (as well as our allies). They are stealing entire industries. They even hack internet providers to hotel chains such as Marriot, going after individuals to attack their companies worldwide. Richard Clarke, former security adviser in the second Bush administration, says that the damage already done to the US and its allies can not be overstated. You can’t do this in America- you would go to jail. But not in China.