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Could cyberattacks bring down the U.S. financial network? Chuck Hagel thinks it's possible. Shielding the U.S. against the destructive potential of digital threats is among the top priorities for the nation, the Defense Secretary said.
May 31 -
President Obama has a message for his Chinese counterpart when the two meet next week: China needs to restrain its digital snooping.
May 30
The U.S. and China will hold high-level talks on how to set guidelines for conduct in cyberspace,
The talks, which are slated to start this July, come amid a series of charges by American officials that hackers backed by the Chinese military have stolen business blueprints from U.S. financial, defense and energy companies as part of a
"It is a serious issue that cannot simply be swatted away with talking points," an unnamed senior U.S. official told the Times, who said the meetings would focus mostly on the alleged theft of secrets from American companies. "Our concerns are not limited to that, but that's what needs urgent attention."
The talks will follow a meeting this week between President Obama and Chinese president Xi Jinping at which the leaders are
"You know, these attacks can paralyze an electric grid or a banking system, knock out computers on ships or weapons systems, and you never fire a shot," Hagel told troops in Honolulu. "This is a very difficult, but real and dangerous threat."
For their part, the Chinese have
