Cyber Security – I read the article “The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies” and . . . WOW. This reads like the plot to a science fiction thriller.
The idea of hardware being secretly hijacked during the manufacturing process has been around for a while. This allegation, if true, is significant! On the other hand, Apple has denied finding altered hardware in their official statement “What Businessweek got wrong about Apple“.
Since this article was just published October 4, I think there will be a lot of fallout over the next few days, weeks and months. It could have a significant impact on the cost of electronic products as supply chains reconsider off-shore manufacturing.
Added 10/9 – The article “Asian Countries and Industry Players Erupt over the China Spy Chip Controversy first started in the U.S.” still does not confirm the allegations against the Chinese, but it does indicate that there is a significant concern through the electronics sector.