In the past several years, we’ve seen a lot of corporate and government systems compromised by hackers. With corporate systems, we assume the intent is financial, however more and more, we hear the term, “corporate espionage.” In the global economy, the right information can be worth a lot more than simple financial assets.

With regards to government systems being hacked, it is improbable that the intent is financially motivated (my humble opinion).

Mandy Clark of Voice of America wrote an interesting article on this subject, while covering an International e-crime congress in London:

British opposition lawmaker David Davis warned an e-crime conference in London that the danger of cyber terrorism is real.

“In America, hackers have already broken into the Pentagon’s computer systems; in India, into government ministers’ files; in Germany, into the chancellor’s,” Davis said. “Such attacks could be designed to compromise safety systems, critical national infrastructure, to overwhelm communication systems, or even to cause a run on the bank.”

Included in the VOA article is a video containing a lot of commentary from experts from both the government and private sectors:

Cyber Threat report / Broadband – Download (WM)

Cyber Threat report / Broadband – Watch (WM)

While some of this subject matter is unverifiable and therefore subject to speculation, it is interesting and worthy of contemplation. In the end — whether this activity is fueled by organized crime or those with more political intentions — it’s going to be hard to get anyone involved in it to comment.

VOA article by Mandy Clark, here.

United Press International covered this story from a NATO cyber warfare perspective, here.

Posted by Ed Dickson at 8:33 PM

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