• All Share : 51999.9205
    DOWN -1.27%
    Top40 - (Tradeable) : 46395.0557
    DOWN -1.40%
    Financial 15 : 16420.393
    DOWN -1.53%
    Industrial 25 : 66782.8643
    DOWN -1.65%
    Resource 10 : 40799.5447
    UP 0.09%

  • ZAR/USD : 12.2682
    UP 0.30%
    ZAR/GBP : 19.2601
    UP 0.28%
    ZAR/EUR : 13.7285
    DOWN -0.01%
    ZAR/JPY : 0.0998
    UP 0.20%
    ZAR/AUD : 9.4073
    DOWN -0.09%

  • Gold US$/oz : 1180.13
    UNCHANGED0.00%
    Platinum US$/oz : 1082.3
    UNCHANGED0.00%
    Silver US$/oz : 15.8
    UNCHANGED0.00%
    Palladium US$/oz : 667.55
    UNCHANGED0.00%
    Brent Crude : 61.98
    UNCHANGED0.00%

  • All data is delayed by 15 min. Data supplied by Profile Data
    Hover cursor over this ticker to pause.

Tue Jun 30 07:10:29 CAT 2015

US being targeted for massive cyber attacks

Sapa-AFP | 11 February, 2013 08:52

Image by: Nikita Ramkissoon

The US intelligence community has concluded that America is the target of a massive cyber-espionage campaign that is threatening its competitiveness.

Citing unnamed officials, the The Washington Post said the conclusion is contained in the National Intelligence Estimate, a classified report that represents the consensus view of the US intelligence community.

The report identifies China as the country most aggressively seeking to penetrate the computer systems of US businesses and institutions to gain access to data that could be used for economic gain, the paper said.

The document, according to the Post, identifies energy, finance, information technology, aerospace and automotive companies as the most frequent targets of cyber-attacks.

Outside experts have estimated the damage to the US economy in the tens of billions of dollars, the paper said.

The National Intelligence Estimate names three other countries -- Russia, Israel and France -- as having engaged in mining for economic intelligence but makes clear that cyber-espionage by those countries pales in comparison with China's effort, the paper notes.

The administration of President Barack Obama is trying to counter the electronic theft of trade secrets by lodging formal protests, expelling diplomatic personnel, imposing travel and visa restrictions, and complaining to the World Trade Organization, the Post said.

SHARE YOUR OPINION

If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.