Cyber attacks have been characterized as “borderless” threats. The seeming lack of geographic constraint implies that one skilled hacker, presumably in a hoodie and Guy Fawkes mask, could take down the internet in its entirety. It even happened once, in 1988, with Robert Tappan Morris’ eponymous “Morris Worm.” But that was back when there wasn’t much internet to take down. A lot’s changed since then, but the fear persists — so much that the U.S. government is even contemplating a backstop mechanism for the economic effects of truly catastrophic cyber attacks. That might be a bit hasty, though. Despite the
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