John Shinal
April 15, 2015
SAN FRANCISCO -- The rising number of successful attacks on the computer systems of U.S. companies is strong evidence America's approach to cyber-security is in need of a significant overhaul.
Neither the broad defenses developed by federal agencies nor the commercial software sold by the private sector have been enough to protect U.S. businesses and individuals from devastating system breaches.
The number of successful, major hacks went up by nearly a quarter last year, according to a new report from the security software company Symantec.
The worst attacks are now coming from criminal organizations, foreign-nation states and terrorist groups with ample resources -- not from individuals.
Hackers working for criminals and government agencies have routinely attacked large U.S. firms, causing untold economic losses.
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