Forget Alibaba: China’s Growth Story No One’s Talking About

“U.S. security officials are often unaware of breaches as they occur; and sometimes only detect the hacking weeks, months or even years later… if ever.  In general, TRANSCOM contractors must report cyberattacks to DOD, per a standard clause in all vendor contracts. But according to the SASC report, many contractors are unsure about what cyberintrusions to report, and to whom. That is, each contractor could have a separate ‘stove pipe’ reporting chain, with different rules about who gets a report, and under what circumstances. As U.S. contractors get hacked, it’s becoming crystal clear that the Chinese military is highly proficient and professional in its approach to cyberintrusion.”

http://dailyreckoning.com/forget-alibaba-chinas-growth-story-no-ones-talking-about/

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