US admits losing the cyber war

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Bank loses $10m in a single attack

A senior US offical has admitted the country is losing the cyber war. More than 100 foreign spy agencies were working to gain access to US computer systems, as were criminal organizations, said James Miller, principal deputy under secretary of defense for policy. 

Hackers have already penetrated the U.S. electrical grid and have stolen intellectual property, corporate secrets and money, according to the FBI's cybercrime unit. In one incident, a bank lost $10 million in cash in a day.
   

"Our systems are probed thousands of times a day and scanned millions of times a day," said Miller at a forum sponsored by Ogilvy Washington, a public relations company and reported by Reuters. 

The Senate last week confirmed National Security Agency Director Keith Alexander to lead the new U.S. Cyber Command, which will be located at Ft. Meade, Maryland, the NSA's headquarters, and start in October.

U.S. Not Winning Cyber War — Datamation.com

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