11:11 pm, May 22, 2015

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How much damage has Chinese hacking done to the US government?

A government report indicates more than 40 Pentagon weapons programs and nearly 30 other defense technologies have been compromised by cyber intrusions from China. The cybersecurity firm Mandiant issued a report last year alleging links between a secret Chinese military unit and years of cyber-attacks against U.S. companies. Alcoa World Alumina, Westinghouse Electric Co., Allegheny Technologies, U.S. Steel Corp., the United Steelworkers Union and Solar-World are just six companies the Justice Department says were victims of Chinese hacking. U.S. officials suggest there are many more amounting to billions of dollars in economic losses.

Tags: China , cybersecurity , DoD , Mandiant , Alcoa World Alumina , Westinghouse Electric Co. , Allegheny Technologies , U.S. Steel Corp. , Solar-World , DoJ

Tuesday - 05/20/2014, 05:47pm EDT

The Gathering Storm: Trade, Debt and Disaster

When the Administration has bad news and hopes to control the timing and discussion of the issue, the press release appears late on a Friday afternoon. This past Friday was no exception.

Tags: Lurita Doan , Obama administration , trade wars , tariffs ,

Monday - 09/14/2009, 02:52pm EDT