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19548
“Mike Rogers: China, Iran, and Russia Launching Cyber Attacks Against U.S.”
by The Washington Free Beacon   
July 24th, 2013
Mike-Rogers-AP

Chinese government-backed hackers have cost the United States nearly $2 trillion in “lost and stolen property” that was seized through illicit Internet attacks, Rep. Mike Rogers (R., Mich.), chairman of the House Permanent Select Committee on Intelligence, said Monday.

The theft of proprietary information and technology by the Chinese constitutes “the largest transfer of wealth illegally in the world’s history,” according to Rogers, who warned that the United States is not prepared to combat these cyber threats.

Chinese military units identify vulnerable U.S. companies and then instruct a team of hackers to steal industrial secrets and other information, according to Rogers, who spoke at an event sponsored by the International Institute for Strategic Studies (IISS).

“We are in a cyber war today,” Rogers said. “Most Americans don’t know it. They go about their lives happily. But we are in a cyber war today.”

China poses the largest threat, according to Rogers.

The Communist regime is “primarily” engaged in economic espionage, he said, explaining that China’s “military and intelligences services” have seized U.S. industrial technology, repurposed it domestically, and then “illegally” competed with the United States in the world market.

Although these hack attacks have been well documented by the United States, few preventative measures have been implemented, said Rogers, a former Army officer and FBI special agent.

“There have been no consequences, and I mean no consequences, to their economic espionage,” he said. “It’s been a free rein and a free run.”

This theft has allowed China to grow its economy by up to seven percent each year, while also damaging America’s own economic recovery.

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