Does China's Cyber Offense Obscure Woeful Defense? 132
Gunkerty Jeb writes "The official line in Washington D.C. is that there's a new Cold War brewing, with an ascendant China in the place of the old Soviet Union, and cyberspace as the new theater of war. But work done by an independent security researcher suggests that the Chinese government is woefully unprepared to fend off cyber attacks on its own infrastructure."
Re:And this is why... (Score:3, Informative)
http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt
I'd say the amount china owns is substantial. I'm against sensationalism as much as the next guy but a trillion dollars held by a foreign country is a shitload no matter how you slice it. Sure Japan has over 75% as much as china but there is a HUGE drop off after that. If we're going to say Japan owns almost as much as China to downplay foreign debt, we should also say Japan and China hold almost as much US debt as the rest of the world combined. You can't totally brush that off to a fox news ratings grab.