Washington - The chair of the House Intelligence Committee says the US is vulnerable to cyberattacks that could shut down financial services or destroy information that companies need for daily operations.
Representative Mike Rogers says 95% of private sector networks are vulnerable.
What's being stolen? Personal identities, money from banks, blueprints for next-generation jobs. At risk are private companies and public agencies.
The Republican says hackers have stepped up attacks since the fall, and he points to China and Iran.
Rogers tells CBS that the US government has, essentially "set up lawn chairs, told the burglars where the silver is ... and opened the case of beer and watched them do it."