According to security expert Mikko Hyppönen, we might not be in a cyber war but we are in a cyber arms race, and the governments involved are the James Bond of the cyberhacking world -- seemingly unstoppable.

Speaking at Wired 2012, the chief research officer for F-secure said we are ill-equipped to battle the growing threats coming out of government cyberhacking divisions.

"We can protect against the everyday criminal threats," he explained, citing banking trojans. These, he says, are the equivalent to petty criminals stopping cars at gunpoint to steal passengers' wallets: "they don't care whose card they steal, as long as they get it."