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But the White House is taking the gloves off and threatening China over all of its alleged recent cyber attacks on American companies those companies include.
GM and Dow Chemical protecting American innovation is a top priority but pressing foreign leaders just isn't enough.
We need to do more and joining me now is Frederick Layton former National Security Agency director and a cyber security analyst welcome back to the show colonel it's good to see you.
And when people say we need to do more how do you.
Do more win a country that almost has us by the economic stranglehold because the Chinese look at the statistics and a bit.
But they -- a lot of our debt and we don't want to make them upset -- it.
Well that's part of the problem that registry to be with you again here's the issue -- you have a situation we're not only do they have us by the economic stranglehold but they also have a situation.
Where they are trying to really go ahead of us in a developmental sense -- that's why they're stealing our intellectual property.
So what we're looking at doing here is we have to respond in kind.
And -- that doesn't just mean trade sanctions which in essence is what the White House is talking about.
They can be opt in to they could be increased by.
A substantial amount if the need is there but it also calls for an active defense and active way of approaching them in making sure that they understand.
But the minute that they attack us either they're going to be attacked in the cyber realm.
Or other consequences will occur to them.
All of -- limit I let let me show com the viewers exactly what I mean by economic stranglehold the Chinese are still the largest foreign holder of US debt.
December 2011 -- one point 15 trillion.
December 2012 it was one point two trillion Japanese are catching up with the Japanese aren't nearly as much a cyber threat perhaps as the Chinese.
If we work to retaliate if I got -- imagine and correct me if I'm wrong.
That our armed security forces kind of do the same kind of cyber stuff back at them don't -- And if if we do wouldn't they perhaps threaten us -- those treasuries may be -- moment and may be taken our economy.
Well there's certainly a risk for that kind of a tit for tat in in this business Adam but.
What you're looking at is yes we do have the capability to go after them and -- what is basically.
A committee could not kinetic but computer network attack type attitude and if we engage in computer network attack.
That then becomes the area that we need to focus on and to have some specific targets to go after.
Now that is something while we have the capability of doing that we don't do that unless we get presidential authorization to do that and that.
In its big sense has never really happened.
So so our options are as you said earlier on trade sanctions but -- -- do we even have the ability.
As the biggest trading partner with China -- a -- that Europe's their biggest trading partner but such an important part.
Of our economy do we have the ability to do trade sanctions without hurting ourselves in the process.
Well that's always part of the problem but there are certain goods for example T shirts or something like that they will come in.
You know from China at a very cheap rate but there -- the countries that produce the same kinds of goods so if you go after -- say get them from Vietnam instead of China.
Then you have an alternative supplier and you can circumvent the Chinese system there's there's a way to do that.
But in terms of cyber attacks.
You have to would we look at what is happening and what you have to do was you have to make it more difficult for them.
To go after our networks and that includes increasing our defenses.
Making sure that our defenses are not only be better -- but also.
A step ahead of the game and that's becomes very difficult but the Chinese as was evident by the report that the -- -- corporation released earlier this week.
The Chinese are not the ten foot tall guerrillas they are basically.
Just humans like you and I and -- they do make mistakes.
You have to stand up -- bully you gotta stands until bully when your being that's right.
That's right all right -- -- -- -- hate to cut it short but I've -- -- let you go at this point former NSA deputy director really appreciate your being here with us to discuss this issue.
My -- -- of thanks for having me coming up.
Source: http://video.foxbusiness.com/v/2181131778001/white-house-takes-on-china-with-anti-theft-trade-plan/
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