Waging war in a technological age
In 2012, US businesses lost more than
$1 trillion dollars worth of intellectual property owing to cyber attacks, according to the US government.
Multiply that 100-fold to include other
industrialised nations and the figure is astronomical.
In the past few months, 15 of the largest US banks have been offline for a total of 249 hours, including Citibank, Wells Fargo, Chase and Bank of America. The latest high-profile attack on South Korea’s top financial, media and military structure highlights the issue is not only a growing concern for
businesses, but is now also enveloping entire nations.
Further, and worryingly, the worst may be yet to come.