Fears the United States could fall victim to a catastrophic cyberattack have reached a new high in the capitals of business and politics.

With just a few strikes on a keyboard, officials warn, hackers could knock out the electric grid of a major city, leaving millions without power or heat.

The threat is focusing minds in Washington, where the White House has stepped up its push for major new legislation amid reports that Chinese hackers are waging an extensive cyber-spying campaign against American companies. It is also getting new attention in the corporate world, with companies previously quiet about the attacks becoming more willing to reveal them, in part to draw public attention to the growing threat.

Continue reading →