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Cybercom Chief: Cyber Criminals Steal $300 Millions’ Worth of Intellectual Property Every Year

During a recent roundtable with reporters at the National Cryptologic Museum, Cyber Command chief Army Gen. Keith B. Alexander said while the Internet is a tremendous capability, it also is an enormous vulnerability. “Our intellectual property here is about $5 trillion,” he said. “Of that, approximately $300 billion is stolen over the networks per year.” [...]

As the federal government ups the ante against cyber adversaries, the civilian and military officials leading those efforts are committed to adopting meaningful measures to protect citizens’ privacy, National Security Agency Director Gen. Keith B. Alexander said on Tuesday. Speaking at the O’Reilly Media Gov 2.0 Summit in Washington, D.C., Alexander addressed the issue that [...]

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Defense Secretary Robert Gates is expected to name three-star Gen. Keith Alexander to head the newly formed Cyber Command. The new command, expected to open in October in Fort Meade, Md., will protect military and civilian networks. Alexander is currently in the role of  Joint Functional Component Command for Network Warfare. Among Alexander’s priorities is to [...]

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