Chinese government-backed hackers have cost the United States nearly $2 trillion in “lost and stolen property” that was seized through illicit Internet attacks, Rep. Mike Rogers (R., Mich.), chairman of the House Permanent Select Committee on Intelligence, said Monday.
Witnesses stressed that the United States must do more to protect itself against cyber attacks from foreign infiltrators in front of the House Committee on Energy and Commerce Tuesday morning.
U.S. and Chinese officials met in Washington on Monday for the first talks between the two nations on the contentious issue of cyber attacks and cyber theft of intellectual property.
Lawmakers and cybersecurity experts urged Congress and President Barak Obama Tuesday to enact tougher sanctions against the Chinese government for its widespread theft of intellectual property and defense technology as well as its abuse of human rights activists.
David DeWalt, CEO of computer firm FireEye, said that 95 percent of U.S. companies have their computer systems compromised daily and that China is responsible for 89 percent of cyber attacks during a Center for Strategic and International Studies event on Tuesday.
China is using state-sponsored industrial and economic espionage to acquire technology fueling its fast-paced military modernization program and cut its reliance on foreign arms makers, the Pentagon said on Monday.
Increases in the cyber capabilities of Iran and China have caused not only cyber espionage but “silent wars” between those countries and the United States, former Department of Homeland Security Assistant Secretary for International Affairs Paul Rosenzweig said on Tuesday.
The Department of Homeland Security warned Internet Explorer users this week about a new software flaw used in remote cyber attacks as Microsoft issued an advisory on the embattled browser’s software hole.