China owns our debt and our data

Operation shady RAT has nothing to do with disease-carrying rodents. It has everything to do with how China keeps gaining advantages over the United States. RAT stands for “remote access tool.” The name was coined by McAfee, which discovered recently that a cyber attack on U.S. and United Nations computers has succeeded in stealing tons of data.

Some of it may have to do with military secrets. Some may have to do with private enterprise secrets that could undermine U.S. products. Beyond that, experts aren’t sure what was stolen.
They are fairly certain, however, that it was stolen by China. (Read the story here.)
A 60 Minutes poll found that 60 percent of Americans believe it would be OK for our government to launch cyber attacks. There are probably more than enough teenage geeks out there who would be happy to assist.
Whether the Chinese government is smart enough to exploit the information is still up for debate. Some of the attacks may go back to 2006 and beyond.
But the United States is in a delicate position, given how much it relies on China to invest in its ever-growing mountain of debt.