US spy chief James Clapper highlights cyber threats

A person claiming to speak for activist hacker group Anonymous is seen issuing a warning thought a video circulated online to 'go to war' with the Singapore government over recent Internet licensing rules on November 1, 2013.US intelligence agencies have placed cyber attacks from foreign governments and criminals at the top of their list of threats to the country.
Online assaults would increasingly undermine US economic competitiveness and national security, said Director of National Intelligence James Clapper.
A report issued by his office said Russia's military was setting up a cyber command to carry out attacks.
The report also describes China, Iran and North Korea as leading threats.
In testimony to a congressional committee on Thursday, Mr Clapper said he no longer believed the US faced "cyber Armageddon".
The idea that major infrastructure such as financial networks or power grids could be disabled by hackers now looked less probable, he said.
However he warned: "We foresee an ongoing series of low-to-moderate level cyber attacks from a variety of sources over time, which will impose cumulative costs on US economic competitiveness and national security."

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