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A hacking attack that brought down three South Korean broadcasters and two major banks has been identified by most commentators as North Korea flexing its muscles.
Cyberattacks and cyberespionage is the top security threat for US.
The Chinese Defence Ministry, which has already denied the charges, went further in a new statement, slamming Mandiant for relying on spurious data.
Any interruption of US imports and sales of its smartphones has been averted.
The private sector must take the lead in angel investment in technology companies in order to achieve quality of growth in the industry.