US Senate panel to weigh cybercrime costs

Mar 22, 2011

A key US Senate panel announced Tuesday it will hold a March 29 hearing on the economic costs of cyberattacks and cyber crimes like identity theft and hacker strikes on government computers.

The US Senate Commerce Committee said it "will explore how cyber attacks imperil America's economy, as well as examine the private sector's role in protecting networks from cyber exploitation and theft."

"Every day, cyber thieves are stealing our identities, our money, our business innovations and our national security secrets," said the panel's chairman, Democratic Senator Jay Rockefeller.

"They are trying to rob us of our economic and global competitiveness, and right now we're not stopping them. There is too much at stake and no time to waste. I am committed to getting a cybersecurity bill passed this year."

The hearing will include testimony from , the private sector, and security specialists.

Explore further: Pirate Bay co-founder guilty in Danish hacking case

add to favorites email to friend print save as pdf

Related Stories

US senators call for cybersecurity czar

Apr 01, 2009

Two US senators introduced legislation on Wednesday aimed at creating a powerful national cybersecurity advisor who would report directly to the president.

Experts say US must do more to secure the Internet

Feb 23, 2010

(AP) -- The government must take a more active role in securing the Internet, industry experts told Congress Tuesday, arguing that as businesses and governments rely more on cyberspace the prospect of a serious attack grows.

Obama setting up better security for computers

May 29, 2009

(AP) -- America has for too long failed to adequately protect the security of its computer networks, President Barack Obama said Friday, announcing he will name a new cyber czar to take on the job.

Recommended for you

HTML5 reaches 'Recommendation' status

Oct 29, 2014

W3C stands for World Wide Web Consortium, and the W3C HTML Working Group is responsible for this specification's progress. As the title suggests, they have a far-reaching job of watching out for the progress ...

Online dating service admits to fake profiles

Oct 29, 2014

A British-based online dating service admitted to US regulators Wednesday that it created fake, computer-generated profiles to lure users into upgraded memberships.

User comments : 1

Adjust slider to filter visible comments by rank

Display comments: newest first

vdoomer
not rated yet Mar 22, 2011
"how cyber attacks imperil America's economy"
Right, because it was "cyberattacks" that caused the 2008 recession.

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.