President Barack Obama has said that cyberattacks are one of the biggest threats facing the US. Earlier this 2015, he went so far as to declare it a national emergency. Meanwhile, US director of national intelligence, James Clapper, says Russia is setting up a military cyber base and that the West faces a growing threat from the likes of Iran, China and North Korea. The impact of a full-blown cyberattack could be devastating: in a networked world, everything from power grids to air traffic control systems are potentially at risk. But defending oneself is expensive. Here, Baraniuk argues that the threat of cyber Armageddon has been hyped and the truth is far murkier
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