Time for U.S. to assert itself on the Internet, report says

The international community has failed to develop an effective model for governing the Internet, and the United States must assert its interests in overseeing the infrastructure that plays a vital part in its national security and economic well-being, according to a new report from the Council on Foreign Relations. The report, by Robert Knake, notes that the annual cost of cyber crime is estimated at $1 trillion and that cyberattacks are becoming a part of warfare and diplomacy.