X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

U.S. Defense Secretary Leon Panetta warned yesterday that the United States needs to beef up its defenses against cyber attacks or risk suffering an attack that’s the equivalent of 9/11. In a speech in Manhattan, Panetta cited the recent attacks on the Web sites of big U.S. banks, as well as an attack last summer on Middle Eastern energy companies that disabled 30,000 computers.

The Defense Secretary warned that cyber attacks could threaten the U.S. electrical grid, transportation system and other components of the country’s infrastructure. The Defense Department is taking steps to counter such cyber attacks, he said, but urged Congress to pass cyber security legislation.

Treasury and Risk

Treasury and Risk Staff Writers

More from this author

 

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.