Corporate America’s Tough Choices

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Last year, a company called Telvent, which monitors pipelines, discovered that Chinese hackers had broken into its computer systems. Today, Stuart Staniford alerts me to this remarkable paragraph in a New York Times story about the incident:

At a moment when corporate America is caught between what it sees as two different nightmares — preventing a crippling attack that brings down America’s most critical systems, and preventing Congress from mandating that the private sector spend billions of dollars protecting against that risk — the Telvent experience resonates as a study in ambiguity.

I guess that’s the kind of thing that really keeps American CEOs up at night. Which is more apocalyptic: the prospect of Chinese hackers destroying their infrastructure, or the prospect of a government regulation that tries to stop Chinese hackers from destroying their infrastructure? Decisions, decisions…..

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This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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