Uncle Sam Taking a Back Seat in Cyber Defense | Bloomberg

Bloomberg has a story on the collaborative, private sector effort to thwart an industrial hacking campaign linked to Chinese intelligence.

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The effort, which involved firms like FireEye and iSight Partners “demonstrates for the first time a private-sector model that they believe can move faster than investigations by law enforcement agencies,” the report said.

From the article:

The take-down largely bypassed traditional law enforcement tools, relying instead on cooperation between companies that are normally fierce competitors. Coalition members — which include Microsoft Corp., Cisco Inc. and Symantec Corp. — say they can act faster than governments because they operate global Internet systems and have business relationships with tens of thousands of companies.

Read more via China-Linked Hacking Foiled by Private-Sector Sleuthing – Businessweek.

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