Congress Fiddles as Cyberattacks Intensify

Firms are opposed to costly new laws. But they might have the most to lose.

When it comes to bolstering cybersecurity -- safeguarding a wide array of computer networks that control everything from the U.S. electrical grid and water plants to financial and medical records -- meaningful protection is a long way off, even as cyberattacks score hit after hit on U.S. targets.

Businesses are increasingly vulnerable as cloud computing and mobile commerce gain in popularity. Both favor access and usability over security, and cybercriminals are taking notice. Many of the most vulnerable computer systems "were never designed to be secure," says Joe Weiss, managing partner at Applied Control Solutions LLC, which provides strategic consulting on industrial cybersecurity targets.

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John Miley
Senior Associate Editor, The Kiplinger Letter

John Miley is a Senior Associate Editor at The Kiplinger Letter. He mainly covers technology, telecom and education, but will jump on other important business topics as needed. In his role, he provides timely forecasts about emerging technologies, business trends and government regulations. He also edits stories for the weekly publication and has written and edited e-mail newsletters.

He joined Kiplinger in August 2010 as a reporter for Kiplinger's Personal Finance magazine, where he wrote stories, fact-checked articles and researched investing data. After two years at the magazine, he moved to the Letter, where he has been for the last decade. He holds a BA from Bates College and a master’s degree in magazine journalism from Northwestern University, where he specialized in business reporting. An avid runner and a former decathlete, he has written about fitness and competed in triathlons.