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Analysis: Cyber raids unlikely to stir faster global action

(Reuters) - A major new hacking attack underscores that governments and companies are losing the war against cyber thieves, but it's unclear if the disclosure will prompt quicker global action against online break-ins.

A U.S. report that intruders breached the computer networks of 72 organizations around the world over a five-year period in the biggest hacking campaign found to date will be seized on by Western states to call for tougher digital defences.

"This is the biggest transfer of wealth in terms of intellectual property in human history," said Dmitri Alperovitch, vice president of Threat Research at U.S. security company McAfee, which produced the report.

McAfee said it believed there was one "state actor" behind the attacks but declined to name it, though one security expert who has been briefed on the hacking said the evidence points to China. There was no comment from China on the report. More...

08-07-2011 17:50