Cyber espionage; Replacing passwords

Guests: James Mulvenon, Dan Goodin

Cybercrime is estimated to cost the U.S. economy as much as $140 billion dollars annually.  Hackers, many based in foreign countries, steal trade secrets, intellectual property, and financial information.  They disrupt services and generally wreak havoc on the computer systems of corporations and governments.  Coming up, a conversation with JAMES MULVENON of the Center for Intelligence Research and Analysis and author of Chinese Industrial Espionage on cybercrime and security.  How do hackers think and operate? Also, the complicated diplomatic issues involved in fighting cyber espionage that originates from China.  Then, how many passwords do you have?  How do you remember them all?  We’ll talk about what’s coming to replace the password, and until then, how to create a stronger one (no pet names please). Marty gets a lesson in password cracking from Ars Technica security editor DAN GOODIN.

(AP Photo/Peter Dejong)