Report: China Is America’s #1 Cyber Threat - Spokane, North Idaho News & Weather KHQ.com

Report: China Is America’s #1 Cyber Threat

YAHOO.COM - A new report by the National Intelligence Estimate confirms that China is America's biggest cyber threat.

The report is classified, but people with knowledge of the findings spoke to The Washington Post on the condition of anonymity.

"The United States is the target of a massive, sustained cyber-espionage campaign that is threatening the country's economic competitiveness," according to the article. "The report, which represents the consensus view of the U.S. intelligence community, describes a wide range of sectors that have been the focus of hacking over the past five years, including energy, finance, information technology, aerospace and automotive."

But other industries have been targeted as of late, including the media and the U.S. Federal Government.

In recent weeks, The Washington Post, The New York Times, The Wall Street Journal and Bloomberg disclosed cyber attacks traced back to China. Twitter was also hacked, but the origins of that attack remain unknown. But perhaps the most disturbing case of cyber-espionage involves the Federal Reserve and Department of Energy.

These types of attacks threaten the economic competitiveness of America. While the intelligence report does not put a dollar figure on the financial impact of these cyber attacks, some experts believe it is upwards of $10 billion, according to WaPo.

For decades, China has been trying to speed up its technical prowess by both stealing technology and data from America and buying up U.S. companies. A recent Wall Street Journal article details how China has been trying to acquire American assets at a faster and faster clip.

While many of the bigger deals pursued by China have been rejected by the U.S. government due to security concerns, many of the smaller acquisitions have managed to be approved.

"Last year, Chinese buyers agreed to spend more than $10 billion in 46 deals to acquire U.S. companies or stakes in U.S. firms, according to Dealogic," the WSJ reports. "The volume was higher than the Chinese total from 2009 through 2011 combined."

The sale of battery maker A123 in January to China's largest automotive components manufacturer for roughly $250 million is the latest deal to get approved by the U.S. government. A123 makes batteries for commercial electric cars, but it also develops technology used by the military. The acquisition of a company with military ties was worrisome; thus the sale to the Chinese firm only involved A123's commercial division. But many experts assert that there is much overlap between the technologies used for commercial and military purposes.

  • Most Popular StoriesMost Popular StoriesMore>>

  • "My son was just gone": mother of kidnapped baby speaks out about online danger

    "My son was just gone": mother of kidnapped baby speaks out about online danger

    Tuesday, November 21 2017 12:30 AM EST2017-11-21 05:30:18 GMT
    Police say Fern Littlecalf kidnapped a babyPolice say Fern Littlecalf kidnapped a baby

    SPOKANE, Wash.- The mother of a 6-month old baby who was kidnapped as part of an elaborate online scam is speaking out, urging everyone to be careful who they meet on the internet.  Lekeisha Johnson, from Kennewick, says she thought she'd been in a relationship with a man for weeks, but then she found out that her supposed boyfriend never existed in the first place. 

    >>

    SPOKANE, Wash.- The mother of a 6-month old baby who was kidnapped as part of an elaborate online scam is speaking out, urging everyone to be careful who they meet on the internet.  Lekeisha Johnson, from Kennewick, says she thought she'd been in a relationship with a man for weeks, but then she found out that her supposed boyfriend never existed in the first place. 

    >>
  • Can you prank your mom? 'The 25 pound turkey challenge'

    Can you prank your mom? 'The 25 pound turkey challenge'

    Wednesday, December 21 2016 2:36 PM EST2016-12-21 19:36:25 GMT

    KHQ.COM - Most mothers can only hope by the time their children grow up and move out of the house, they've learned all the necessary things to be a successful adult, including the basic knowledge that a turkey must be cooked in an oven, or perhaps in a smoker... NOT in a microwave. For this reason a new prank-challenge going around on Facebook is resulting in some hilarious text conversations between mothers and their grown children.

    >>

    KHQ.COM - Most mothers can only hope by the time their children grow up and move out of the house, they've learned all the necessary things to be a successful adult, including the basic knowledge that a turkey must be cooked in an oven, or perhaps in a smoker... NOT in a microwave. For this reason a new prank-challenge going around on Facebook is resulting in some hilarious text conversations between mothers and their grown children.

    >>
  • Seattle budget includes money for safe-injection site

    Seattle budget includes money for safe-injection site

    Tuesday, November 21 2017 11:46 AM EST2017-11-21 16:46:49 GMT

    SEATTLE, Wash. - The Seattle City Council has passed a 2018 budget that includes $1.3 million to create what could be the nation's first authorized safe-injection site for drug users. The Seattle Times reports that the $5.6 billion budget approved Monday also increases city spending on programs that address homelessness to $63 million, a nearly 40 percent jump over four years ago. 

    >>

    SEATTLE, Wash. - The Seattle City Council has passed a 2018 budget that includes $1.3 million to create what could be the nation's first authorized safe-injection site for drug users. The Seattle Times reports that the $5.6 billion budget approved Monday also increases city spending on programs that address homelessness to $63 million, a nearly 40 percent jump over four years ago. 

    >>
HD DOPPLER 6i
/
  • Top Stories from KHQHomeMore>>

  • Mad Minute stories from Tuesday, November 21st

    Mad Minute stories from Tuesday, November 21st

    Tuesday, November 21 2017 5:20 PM EST2017-11-21 22:20:45 GMT

    Here are the extended versions of the KHQ Local News 11 at 11 Mad Minute stories from Tuesday, November 21st.

    >>

    Here are the extended versions of the KHQ Local News 11 at 11 Mad Minute stories from Tuesday, November 21st.

    >>
  • Spokane Police: one person shot at North Spokane Pot Shop

    Spokane Police: one person shot at North Spokane Pot Shop

    Wednesday, November 22 2017 1:26 AM EST2017-11-22 06:26:42 GMT

    SPOKANE, Wash.- Spokane Police say one person has been shot at Starbuds Cannabis in North Spokane.  Police were searching near the store, at 827 E. Francis for the shooter.  KHQ has a crew on scene, look for new information about this developing story as it comes into the newsroom.

    >>

    SPOKANE, Wash.- Spokane Police say one person has been shot at Starbuds Cannabis in North Spokane.  Police were searching near the store, at 827 E. Francis for the shooter.  KHQ has a crew on scene, look for new information about this developing story as it comes into the newsroom.

    >>
  • Man missing in Kootenai County found dead

    Man missing in Kootenai County found dead

    Wednesday, November 22 2017 12:55 AM EST2017-11-22 05:55:02 GMT
    Robert WestbrookRobert Westbrook

    KOOTENAI COUNTY, Idaho- The Kootenai County Sheriff's office says the 73-year-old man missing since Monday afternoon has been found dead. According to deputies, Robert Westbrook's vehicle left the roadway on Highway 3 near Highway 97 and crashed about 50 feet down an embankment. 

    >>

    KOOTENAI COUNTY, Idaho- The Kootenai County Sheriff's office says the 73-year-old man missing since Monday afternoon has been found dead. According to deputies, Robert Westbrook's vehicle left the roadway on Highway 3 near Highway 97 and crashed about 50 feet down an embankment. 

    >>