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U.S. Calls Out China and Russia for Cyber Espionage Costing Billions

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Published November 03, 2011 | FoxNews

Hey, China and Russia, get off of our clouds.

That's the warning from a new U.S. national intelligence director's report to Congress released Thursday that states China and Russia are the biggest perpetrators of economic espionage through the Internet.

The report, Foreign Spies Stealing U.S. Economic Secrets in Cyberspace, also warns that the efforts to calculate the cost of lost research and development is nearly impossible to calculate but could be costing up to $398 billion. As mobile devices proliferate, it's only going to get easier for spies to steal.

Analysts note that this is the first time the U.S. government report has so openly blamed countries that support cyber attacks and espionage at the national and state level.

I think this justifies the new Cyber command that was recently created.

United States Cyber Command - Wikipedia, the free encyclopedia
 
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