ABSTRACT

Growing Cyber Threat and its Impact on American Business, Hearing Before the Permanent Select Committee on Intelligence, U.S. House of Representatives, One Hundred Fourteenth Congress, First Session, March 19, 2015   [open pdf - 2MB]

This is a testimony compilation from the March 19, 2015 hearing "Growing Cyber Threat and its Impact on American Business," held before the House Permanent Select Committee on Intelligence. From the opening statement of Chairman Devin Nunes: "Cyber attacks on U.S. business have posed a threat for some time, but their pace and scope have risen dramatically in the last year. Last April Home Depot was breached, compromising tens of millions of credit card accounts and email addresses. In November, in an attempt to intimidate Sony Pictures from releasing a movie, intruders attacked the company and gained access to employee emails, confidential corporate information, and copies of unreleased films. This past January, Anthem announced it had been hacked, potentially jeopardizing the personal information of 80 million people. And just a few days ago, Premera Blue Cross revealed that its systems had been compromised, possibly exposing the medical and financial information of 11 million customers. These attacks -- whether by hostile foreign nations or by money-seeking criminals -- are intolerable. U.S. companies must have assurances that their own information is secure, while their customers must have confidence that thieves will not steal their personal and financial records. In light of the recent large-scale cyberattacks, it's clear that our companies and citizens do not have those assurances today. As a result, Congress urgently needs to strengthen the security of our nation's digital infrastructure by creating more effective ways for businesses and the government to share information on cyber threats, and by providing strong liability protection for those exchanges." Statements, letters, and materials provided for the record include those of the following: Tim Pawlenty, John Latimer, Richard Bejtlich, and Andrew Tannenbaum.

Publisher:
Date:
2015-03-19
Copyright:
Public Domain
Retrieved From:
U.S. House Permanent Select Committee on Intelligence: http://intelligence.house.gov/
Format:
pdf
Media Type:
application/pdf
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