Chinese cyber attacks on U.S. companies lead to huge financial losses and weaken America's position in worldwide business competition

Voting position claim
Claim

Name

Chinese cyber attacks on U.S. companies lead to huge financial losses and weaken America's position in worldwide business competition

Types

Voting position claim

Quotes that support the claim

"Although the short-term impacts of a cyberattack on a business are quite severe, the long-term impacts can be even more important, such as the loss of competitive advantage, reduction in credit rating, and increase in cyber insurance premiums."

Supported voting positions

Prevent China's espionage activities in the U.S.

Supporting arguments

Chinese cyber espionage costs the United States billions annually

Tags

Threats that China poses to US cybersecurity

Topics

China's impact on US cybersecurity

Voting issues

China Relations

Referenced by

Prevent China's espionage activities in the U.S.

US Politics

Voting position