Tuesday, January 26, 2010

Piracy on the Internet Sea.

The Financial Times reports that hackers are targeting friends of Google workers, compromising their social networking accounts to lure the Google personnel into clicking on their spyware links.
The source of these attacks? From the article: "the evidence pointed to a government-sponsored effort that only large spy agencies or perhaps some of the most advanced big companies could have withstood, experts said. China on Monday described accusations it was behind cyberattacks as 'groundless'."

It is our opinion that China is engaged in economic warfare through a massive effort to steal proprietary information, and refusing to adhere to world-accepted agreements on intellectual property and trade (note the recent steel dumping episode). Our dependence on their "beneficience" in buying our debt cripples our ability to retaliate in force.

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