14 Mar 2022

Assessing the Current Risks to the U.S. Economy

Before Russia’s Feb. 24 invasion of Ukraine, the outlook for the U.S. economy was stressed but hopeful. Pandemic pressures appeared to be peaking, inflation was widely expected to normalize, and the Fed stood a credible chance of engineering a “soft landing.” But an enormous humanitarian atrocity in Europe has triggered an

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14 Mar 2022

Open-Source Intelligence Resources: The USGS 2022 List of Critical Minerals

Moody’s Analytics economist Tim Uy wrote in a recent report:  “The greatest risk facing global supply chains has shifted from the pandemic to the Russia-Ukraine military conflict and the geopolitical and economic uncertainties it has created.”  Our recent “Warning for the U.S. Chip Industry: Russian Retaliation Could Hit Supply of Key Materials” provided a breakdown of the Russian and Ukraine-source material critical to the semiconductor manufacturing process (Neon, Palladium, etc.). In February, The US Geological Survey released the 2022 List of Critical Minerals. Palladium and Scandium are included in the USGS list.

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11 Mar 2022

Could Russian Hackers Cripple U.S. Health Care Systems?

Sick people seeking lifesaving care in the United States could fall victim to a hidden part of Russia’s war on Ukraine — vicious cyberattacks aimed at sowing disruption, confusion and chaos as ground forces advance. Cybersecurity experts warn that attacks launched against Ukrainian institutions have the potential to spill over into

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11 Mar 2022

‘We are not ready’: a cyber expert on US vulnerability to a Russian attack

The war between Russia and Ukraine has been widely anticipated to play out online, in addition to on the ground. Moscow’s cyberwar capabilities have long been cause for concern. Russia has a record of coordinating cyber-attacks on the US, Ukraine, and other adversaries. And the country has established itself in

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08 Mar 2022

Ukraine and US targeted by cybersecurity attacks in run-up to Russian invasion

New reports have emerged of hacking campaigns linked directly and indirectly to Russia’s war in Ukraine, with the stories shedding more light on an opaque element of the invasion: cyberwarfare. Many experts predicted that Russia would launch significant cyber attacks in Ukraine, shutting down the country’s electrical grid for example.

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08 Mar 2022

Russia-Ukraine war: NYC on ‘ultra-high alert’ amid increased risk of Russian retaliatory cyberattack

New York state is facing “increased risk” of cyberattack from Russian retaliators, while city agents have seen more breach attempts amid heightened tensions that have arisen from the Russian invasion of Ukraine, officials said Monday. Sen. Kirsten Gillibrand, a New York Democrat, met with New York City and police department officials

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04 Mar 2022

Biden administration remains ‘on guard’ for Russian cyberattacks amid war in Ukraine

The Biden administration continues to be on alert for potential Russian criminal or state-backed cyberattacks against critical infrastructure targets in the US — a posture that Washington assumed months ago but that has grown more acute since Russia invaded Ukraine. The US is “very much on guard” for potential Russian cyberattacks

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02 Mar 2022

Russian cyber attacks against US banks increasing: sources

Russia appears to have officially declared cyberwar on the US, taking what’s been described as preliminary steps at crippling its banking system and possibly other major industries, The Post has learned. The Biden administration has been working with bank executives for months about preparing for cyberattacks as retaliation over US sanctions. The

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01 Mar 2022

As Tanks Rolled Into Ukraine, So Did Malware. Then Microsoft Entered the War.

Last Wednesday, a few hours before Russian tanks began rolling into Ukraine, alarms went off inside Microsoft’s Threat Intelligence Center, warning of a never-before-seen piece of “wiper” malware that appeared aimed at the country’s government ministries and financial institutions. Within three hours, Microsoft threw itself into the middle of a ground

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01 Mar 2022

Russia-Ukraine crisis forces US energy rethink, stokes new cyber attack fears

In the wake of the Russian invasion of Ukraine, a debate is being revived about the sources and diversity of U.S. energy – and whether the country’s infrastructure is sufficiently protected against cyberattacks. The fallout from Russian President Vladimir Putin’s decision to invade Ukraine has sparked a worldwide wave of condemnation,

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