Upton: “Sony incident underscores the clear and present threat to America’s thriving digital economy”
WASHINGTON, DC – In light of the recent developments surrounding the Sony breach, House Energy and Commerce Committee Chairman Fred Upton (R-MI) today announced that the committee will hold a series of hearings throughout the coming year to examine the numerous threats to electronic commerce and the overall American economy posed by cybercrime. The hearings will continue work begun over the last four years to examine ongoing cyber threats.
Upton commented, “Sadly, every American is now aware of the economic havoc that hacking can wreak on American soil. With a single swipe or click, e-crime hurts consumers and businesses alike. It is a threat to private investment, public companies, jobs, economic freedom, and overall growth. The Sony incident underscores the clear and present threat to America’s thriving digital economy. In early 2015, the Energy and Commerce Committee will continue its active examination of this growing threat to jobs, whether from foreign nations, state enterprises, or other criminal elements. The economic damage is real, and we must work to protect American jobs and commerce.”
The committee’s work on cyber threats and security will provide a foundation for this examination, with previous topics including supply chain security, intellectual property and technology, consumer information, Internet governance and security, and agency data protection.