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To quote several technology pundits, the situation is building into something of a Cyber Cold War.
BBC: Technology
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Markus Ranum, a veteran of the network security industry and a noted critic of the cyber war hype, points to another similarity with the Cold War.
WSJ: Battling the Cyber Warmongers
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The problem of cyber arms control is akin to the greatest arms control failure of the Cold War, which still persists: the mass distribution of the most produced firearm in human history, the Kalashnikov AK-47.
CNN: Cyber arms control? Forget about it