The Latest - Cyber and FinTech

Cyber and FinTech Latest

11th October 2018 – Forbes

Seeking Sanctions Resistance Through Blockchain Technology

Yaya J. Fanusie

Policy experts can argue about the appropriateness of various sanctions policies. Some voice concerns that the U.S. overuses sanctions tools while others convey that the U.S. must increase targeted sanctions to hinder the financiers that enable terrorists and corrupt regimes. But there has never been the prospect that sanctioning could become a moot option against some states embracing new financial technologies. Until now. more...

4th October 2018 – CNN

The Situation Room with Wolf Blitzer

David Maxwell

FDD senior fellow and North Korea expert David Maxwell joins CNN's The Situation Room with Wolf Blitzer to discuss the North Korean cyber threat. more...

2nd September 2018 – The National Interest

Prevailing in Today’s Cyber Battlefield Requires Strategic Consensus

Annie Fixler , Tyler Stapleton

In 1953, the United States stood at a precipice. After the death that year of Soviet strongman Joseph Stalin, senior U.S. cabinet officials could not agree on how to contain and confront Soviet expansion and aggression. So President Eisenhower devised an exercise to “ analyze competing national strategies ” to check the Soviets where possible and roll back their advances where feasible. more...

26th August 2018 – The Hill

Iran’s Facebook operation shows that it never restrained its hackers

Annie Fixler

Facebook on Tuesday dismantled an expansive, covert Iranian influence operation aimed at American, British, Latin American, and Middle Eastern audiences. Posing as independent news and civil society organizations, state-sponsored actors created hundreds of fake Facebook pages and Twitter accounts, which were also suspended on Tuesday, and Iranian state media created dozens of counterfeit YouTube channels. more...

6th August 2018 – Fifth Domain

The Russian DNC hack shows the US needs to get smart on crypto

Yaya J. Fanusie, Boris Zilberman

If the United States is going to stop Russia from hacking its next election, law enforcement and the intelligence community will need to get much smarter on how to catch adversaries who use cryptocurrencies. more...

12th July 2018 – Forbes

Good Crypto, Bad Crypto: Blockchain Projects Gaining Legitimacy While Spawning An Underground

Yaya J. Fanusie

The cryptocurrency ecosystem is diverging into an increasingly transparent, well-regulated space and an unregulated crypto underground likely to be exploited for illicit activity and the dark web. Recently, I spoke on a panel that included the chief compliance officer of Bittrex, one of the largest U.S.-based cryptocurrency exchanges, who implied that this divergence will take place in the next several years. But it is happening now. more...

25th June 2018 – FDD Research

Kaspersky and Beyond: Understanding Russia’s Approach to Cyber-Enabled Economic Warfare

Boris Zilberman

One of the most iconic images of the 20th century is that of U.S. Army troops wading ashore onto Omaha Beach from their landing craft on June 6, 1944 under Nazi machine gun fire to create a beachhead for the Allies. The beachheads of the future, however, are being established today in cyber space. more...

25th June 2018 – The Cipher Brief

Don’t Underestimate Economic Side of Russia’s Cyber Warfare

Boris Zilberman

Russia knows how to spread chaos and outrage in American politics, but Russia may pose a far greater threat to the U.S. economy and the infrastructure it depends on. more...

15th June 2018 – The Hill

Trump must still hold North Korea accountable for cyberattacks

Mathew Ha

Following the U.S.-North Korea summit in Singapore earlier this week, Kim Jong Un has temporarily halted ballistic missile and nuclear weapons testing in exchange for President Trump pausing its maximum pressure campaign. Meanwhile, Pyongyang’s cyberattacks against South Korea have intensified. In their latest op-ed for The Hill, FDD research associates Trevor Logan and Mathew Ha point out how this is just one example that exposes Kim’s “two-faced diplomacy.” more...

12th June 2018 – Fortune Magazine

How Bailing Out ZTE Damaged America’s Credibility

Annie Fixler , Trevor Logan

Last week, the U.S. Commerce Department announced an agreement to resolve a dispute with Chinese telecom company ZTE, which had violated U.S. sanctions by supplying sensitive technology to Iran. Rather than face a crippling ban on purchasing equipment from U.S. companies, ZTE agreed to pay $1 billion in fines—an unprecedented penalty from Commerce—and place $400 million in escrow to pay for any future fines the company might incur. more...

12th June 2018 – Real Clear Defense

Kremlin Disinformation Effort Is More Than Just Facebook

John Cappello

Russia’s disinformation campaign isn’t just a marketing problem for Facebook or a series of nuisance bots on Twitter. It’s a concerted effort to not just disrupt Western liberal institutions, but to actually manipulate narratives that affect foreign policy decision-making. more...

25th May 2018 – FDD's CSIF Policy Brief

Elimination of NSC Cybersecurity Post Weakens Interagency Coordination

Annie Fixler , Trevor Logan

Last week, the White House eliminated the position of cybersecurity coordinator on the National Security Council (NSC) staff. This decision comes at a time when cyber threats are expanding and the federal government needs the interagency process to help coordinate the implementation of new cyber strategies. more...

21st May 2018 – Foreign Podicy

Podcast: Nothing but Net: Cyber-Enabled Economic Warfare

Clifford D. May

Foreign Podicy host Clifford D. May is joined by Dr. Samantha Ravich, a senior advisor at the Foundation for Defense of Democracies as well as a principal investigator for FDD’s Cyber-Enabled Economic Warfare project, to discuss CEEW, and what must be done to combat it. more...

16th May 2018 – Fifth Domain

The US must secure its supply chain in the face of anti-satellite weapons

Trevor Logan

At the 34th National Space Symposium in April, U.S. Air Force Secretary Heather Wilson announced that the service is taking steps to secure its satellite networks by working with allied forces, commercial satellite owners and international organizations to share satellites currently in orbit. more...

15th May 2018 – FDD Policy Brief

Increasing U.S.-Ukraine Cyber Cooperation is a Step in the Right Direction

Boris Zilberman, Trevor Logan

In early May, the State Department announced a doubling to $10 million of U.S. assistance to Ukraine for the strengthening of its cyber defenses. The increased funding is an important signal that the U.S. stands with Kyiv as it faces a sustained and evolving cyber threat from Russia, yet addressing the ceaseless barrage of cyber attacks from Moscow will take more than the added funding. more...

28th April 2018 – CoinDesk

The Crypto Community Must Use the Blockchain to Self-Police

Yaya J. Fanusie

Self-policing illicit activity on the blockchain may soon be a necessity for the cryptocurrency space. The everyday cryptocurrency enthusiast in the future is likely to spend time identifying illicit wallets and transactions to avoid. The U.S. Treasury Department has made that inevitable. more...

19th April 2018 – FDD's CSIF Policy Brief

U.S., UK Act to Block Chinese Technology Threat

Annie Fixler , Trevor Logan

This week, the U.S. and UK governments took steps to combat key national security threats posed by two Chinese telecommunications companies. On Monday, the U.S. Commerce Department banned all U.S. sales to ZTE, a Chinese telecommunications company that violated export controls. more...

5th April 2018 – Quoted by Tanya Chepkova - Cryptovest

Terrorists Love Cryptocurrencies, Russian Security Services Claim

International terrorism has mastered all modern informational technologies and is using cryptocurrencies while also actively broadening its contacts with high-profile hackers, according to Alexander Bortnikov, head of Russia’s Federal Security Service (FSS). more...

26th March 2018 – FDD's CSIF Policy Brief

Iran’s Cyber Capabilities Expanded throughout Nuclear Talks

Annie Fixler , Behnam Ben Taleblu

The U.S. Treasury and Justice Departments took combined action Friday to designate and indict the Iranian firm Mabna Institute, as well as nine of its contractors responsible for “a coordinated campaign of cyber intrusions.” Between 2013 and 2017, these entities hacked hundreds of universities, private companies, and government agencies in the U.S. and around the world. The four-year campaign to steal billions of dollars’ worth of intellectual property attests to Iran’s evolving cyber capabilities. more...

25th March 2018 – CoinDesk

Crypto Investors Should Stay Away from Venezuela’s Petro

Yaya J. Fanusie

Venezuela has reportedly made the first state-backed cryptocurrency, the petro, available to the public. Crypto investors should just say no. more...

Experts

Samantha F. Ravich

CSIF Board of Advisors, Senior Advisor

Yaya J. Fanusie

Center on Sanctions and Illicit Finance - Director of Analysis

Annie Fixler

Policy Analyst

Juan Zarate

Center on Sanctions and Illicit Finance - Chairman and Senior Counselor

Events

18th November 2016 - 8:30 AM

Cyber Warfare in the Next Administration

The Foundation for Defense of Democracies’ (FDD) Center on Sanctions and Illicit Finance (CSIF) hosted a breakfast discussion with former Director of the CIA and the NSA General Michael Hayden Friday, November 18, from 8:30am to 9:45am. He was in conversation with Dr. Samantha Ravich, CSIF Board Member and Senior Advisor focused on cyber-enabled warfare.