judgecorp writes "In a move reminiscent of the 1960s Cold War days, Presidents Obama and Putin have set up a hotline between their respective cyber-security authorities, to defuse any possible crises and prevent them from escalating into an online equivalent of the Cuban Missile Crisis. 'We recognise that threats to or in the use of ICTs include political-military and criminal threats, as well as threats of a terrorist nature, and are some of the most serious national and international security challenges we face in the 21st Century,' a joint statement from the presidents read."
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