In June 2009 Secretary of Defense Robert Gates announced the creation of U.S. Cyber Command to be headed by a four-star General. This command was created in light of growing threats against Defense Department's computer networks, the corresponding threat to national security and the need for unity of command to address the problem.
At today's Congressional hearing, federal regulators and stock-exchange executives said they had no one explanation for the 15 minute 1000 point plunge last week that briefly wiped out about $1 trillion in market value.
Although no one has claimed responsibility, I would not be surprised if this was an act of cyber warfare. Some disgruntled employee? 12-year old whiz kid (remember "War Games")? A work of the Chinese? An act of terrorism?
If is was an act of cyber warfare, do you think they will tell us? Maybe we should wait for the movie.
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