Large companies like financial services institutions have also begun speaking publicly about the problem of international cyber-theft, saying that they are already working to deal with the problem.
At the Usenix Security Symposium held in Boston in August, Jerry Brady, global head of IT security at New York-based financial giant Morgan Stanley, outlined the threat of foreign attack as a current business reality. He specifically cited emerging activity in the Far East as worrisome.
"Sometimes the threats are coming from the governments themselves in different parts of the world," said Brady. "The people who want to harm us drives a lot about how we think of security awareness. We do a lot of monitoring and threat intelligence to tell who our adversaries are today and who they will be tomorrow."
When asked if the government has done enough to help companies like Morgan Stanley deal with the issue, Brady said that the firm's relationship with law enforcement officials has improved over the last several years, specifically around intelligence gathering regarding new threats.
However, he said that companies cannot rely on the government alone to watch out for their interests overseas.
"It's popular to pin this issue on the government, but we in private industry need to play an even bigger role in addressing the problem," said Brady. "Every time we go into a new country we have to do a risk assessment, every country has its own IP protections and concepts and we know that; we know the countries where ex-KGB Soviet Bloc resources have ended up, and where we need to be even more vigilant."