60 Minutes

10/12/2025: The China Hack, Booms, Busts and Bubbles, The Road to Damascus

9 snips
Oct 13, 2025
General Tim Haugh, the former head of the NSA and Cyber Command, discusses the alarming cyber threats China poses to U.S. critical infrastructure. He explains how China targets everyday systems to gain strategic advantages. Meanwhile, financial expert Andrew Ross Sorkin probes parallels between today’s markets and the 1929 crash, warning of potential bubbles fueled by AI investments and regulatory rollbacks. Lastly, Syrian President Ahmed Al Sharaa shares insights on rebuilding Syria and his transformative journey, navigating complex geopolitical tensions.
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INSIGHT

China Targets Beyond Military Networks

  • General Tim Haugh warns China targets every American, not just military or big industry.
  • That broad targeting makes even small utilities national-security concerns.
ANECDOTE

Littleton Utility Breach Example

  • Nick Lawler's Littleton utility was told by the FBI in 2023 that China had access to its network.
  • The intrusion forced a costly network rebuild and revealed exposure in small-town infrastructure.
INSIGHT

Small Attacks Can Create Strategic Distraction

  • Haugh says attacks on small targets could distract U.S. resources during Indo-Pacific tensions.
  • Multiple small incidents plus information campaigns could amplify perceived impact.
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