30 Mar 2022

A Cyber Threat Analysis of the Russia-Ukraine Conflict

The Ankura Cyber Threat Investigations & Expert Services (CTIX) team conducted a technical analysis of historical and ongoing adversarial activity associated with the current Ukrainian/Russian conflict. In doing so, the CTIX team leveraged proprietary sources of threat intelligence which were then enhanced with additional data points collected from various open

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29 Mar 2022

Supply chain implications of the Russia-Ukraine conflict

Supply chains are once again being tested, this time by the extraordinary events in Ukraine. The time has long since passed when supply chain disruptions can be treated as one-off events, with organizations scrambling to mitigate the disruption to their business and to keep goods, funds, and information flowing across

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29 Mar 2022

‘Most Severe’ Cyberattack Since Russian Invasion Crashes Ukraine Internet Provider

A “powerful” cyberattack has hit Ukraine’s biggest fixed line telecommunications company, Ukrtelecom. Described as the most severe cyberattack since the start of the Russian invasion in February, it has sent the company’s services across the country down. Victor Zhora, deputy head of the State Service for Special Communications and Information Protection,

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29 Mar 2022

Using Russian tech? It’s time to look at the risks again, says cybersecurity chief

Organisations using Russian-linked software or products have been told to take time to consider the risk involved with using those technologies following Russia’s invasion of Ukraine. New guidance from the National Cyber Security Centre (NCSC) – part of GCHQ – says organisations in several key areas in particular should reconsider the

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28 Mar 2022

Japan to revise foreign exchange law to end crypto loophole for sanctions on Russia

Japan will revise its foreign exchange law to prevent Russia from evading Western financial sanctions following Moscow’s invasion of Ukraine through cryptocurrency assets, top government officials said on Monday. The government will submit a revision of the Foreign Exchange and Foreign Trade Act to the current parliament session to strengthen protections

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28 Mar 2022

Google and Apple close loophole that was letting Russians use payment services

In 2014 Russia annexed Crimea and NATO nations retaliated with economic sanctions. This prompted the Central Bank of Russia to establish Mir cards, a national payment system linked to 150 banks in the Russian Federation. Cut to eight years later, another invasion, this time of Ukraine itself. Even stronger sanctions

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28 Mar 2022

In charts: Cyber security risks and companies’ readiness

Cybersecurity concerns could once be written off as the preserve of large companies. But, in today’s networked world — where many are still partly working remotely as a result of the pandemic, and Russia’s invasion of Ukraine is raising cyber warfare threats — that era is long gone. According to

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28 Mar 2022

The Supply Chain Crisis Is About to Get a Lot Worse

The supply chain is in chaos—and it’s getting worse. Air freight warehouses at Shanghai Pudong Airport are log-jammed as a result of strict Covid testing protocols imposed on China’s biggest city following a local outbreak. At the city’s port, Shanghai-Ningbo, more than 120 container vessels are stuck on hold. In

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25 Mar 2022

Russia is considering selling its oil and gas for bitcoin as sanctions intensify from the West

Faced with stiffening sanctions from Western countries over its invasion of Ukraine, Russia is considering accepting bitcoin as payment for its oil and gas exports. In a videotaped news conference held on Thursday, the chair of Russia’s Duma committee on energy said in translated remarks that when it comes to

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25 Mar 2022

Global Supply Chains Face Disruption Following Russia’s Invasion Of Ukraine

The soaring energy prices caused by Russia’s invasion of Ukraine have plunged the energy sector into a state of crisis. Europe, which ordinarily sources almost 40% of its gas from Russia, is particularly vulnerable. The price of natural gas in Europe has seen a tenfold increase since the start of

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