Cyber-Spying Erodes Trust in Internet as Economic Engine: Report

eWEEK

Robert Lemos
June 28, 2014

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The interaction between the U.S. and China and the recent criminal charges filed against five Chinese nationals demonstrate the costs to the global economy, argues one think tank.

Countries that seek to improve their economy through cyber-espionage undermine the trust in the Internet and could harm the future of the global economy, the Center for International Governance Innovation (CIGI) argued in a policy paper published on June 20.

While a number of countries, such as China, are exploiting uncertainty in international policy and law to invest in massive cyber-espionage operations, the distrust caused by their actions will have a significant …

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