Cyberspace is increasingly becoming an area of contestation among nation states. Similar to the physical domains of land, sea, air and space, superiority in the cyber domain enables a nation state to exert its cyber power. In recent years, China has invested colossal amounts in building the requisite infrastructure and capabilities of its armed forces as well as governance practices to advance towards ‘informationalisation’. This article seeks to discern the motives, threats, objectives, strategy and intent that drive China to amass cyber power.
Bangladesh Bank: The Billion Dollar Breach
Even if the investigations reveal the technical reason behind the breach, issues of jurisdiction, accountability and dearth of international laws governing cyber or money laundering crimes would await another billion dollar breach.