This week's episode of A Series of Tubes podcast, ripe for download at http://www.itradio.com.au/networking/ explains how America's FBI is worried its bottom-line driven procurement processes mean low-cost, counterfeit equipment is winding up in sensitive US Government networks.
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It gets worse -- the FBI is concerned the bogus gear is loaded with back-door software or hardware... foreign spies could be using these back doors to access critical networks.