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Bob Guilbert Benedicte Gravrand, Opalesque Geneva:

If you look at the recent cybersecurity news from Bloomberg, hackers are frightening the people: they steal photos and threaten to expose them, they can break into ATMs, they hack into EBay, Twitter and Yahoo accounts.

Big organizations are also doing their own bit in cyber espionage, apparently. On the global level, organizations (such as U.S. defence contractors) and countries (such as Canada) are claiming cyber attacks from China; China, in turn, is curtailing the use of Apple products because of their location tracking functions. Meanwhile, Israel, Singapore and Germany are reportedly investing in cybersecurity.

In the U.S., it is feared that more terrorist attacks may be conducted, after 9/11, but this time online. In July 2014, U.S. Treasury Secretary Jacob J. Lew urged Congress and financial companies to step up their fight against cyber threats, saying malicious acts pose a risk to national security and financial stability. On the commercial side, the threat posed by criminal hackers who use networks of secretly hijacked computers has increased "dramatically" over the past several years,......................

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