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US officials are working on shoring up the country's cyber defenses in the wake of the latest round of Internet attacks from allegedly coming from China just how concerned should we all be about computer networks.
Joining us now with some thoughts -- Author of nuclear showdown North Korea takes on the world he -- here an expert on security issues.
Let's talk for a moment Gordon about what's at play your reaction when you discovered that.
China is taking -- bigger role here that we first believed.
Well we've known about the People's Liberation Army attacking these American networks for about a decade.
I think really what's happened is that the attack on the New York Times really sort of -- a tipping point in public opinion in the United States we've got to remember that just is.
The vote as early is that November of last year the senate turned down a cyber security bill I don't think that they would do that now in the wake of the revelations of what they've been doing.
Against the Wall Street Journal New York Times Washington Post all major media organizations.
Do you staying there are more companies and networks that have been compromised and we just don't know about it.
Every network has really been compromised the Chinese have gone after every defense every pentagon network.
Most big companies large and international NGOs really because the Chinese want to undermine the institutions of a free society.
And they've been trying to undermine the United States for more than a decade.
So clearly this is not a surprise and every company should believe that they have been attacked as well as most infrastructure network.
We'll of course the Chinese Government deny is being engaged in any in this activity but at the same time.
What can the United States actually do when it comes to holding China accountable for these types of actions.
Well the one things that we shouldn't do is we shouldn't try to have this international treaty that senator Feinstein talks about.
Because the Chinese sign a lot of deals but they don't honor them.
We should stop talking to the Chinese because the Obama administration did that continuously in its first term.
And -- spikes only spiked dramatically in the middle of last year and we shouldn't be using cyber weapons against the Chinese because we shouldn't be revealing our capabilities.
But what we can do is we can sanctioned Chinese companies we can sanction China itself -- economy right now is fragile and that's where they're going to hurt.
And really what we need to do is raise the cost.
This will hurt the United States as well but we have no choice because cyber attacks cost the US economy about fifty billion dollars a year or more so -- already bleeding.
-- does -- walk a fine line given the fact that we have borrowed so much money from China.
We are a lot of money from China but that really doesn't give them leverage.
Because of the way the global markets where the Chinese since 2008 have been talking about that new killer option.
Which is selling treasury obligations to hurt us but they don't do it because they know the tactic won't work.
Look we have no choice but to defend ourselves whether the Chinese have our treasury debt or not this is a matter of -- and first importance for the United States.
It's a very serious issue and one that I know that you're watching very closely Gordon Chang thank you so much for joining us with your insights.
Thank you Obama.
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