The Latest - Cyber and FinTech

Cyber and FinTech Latest Articles

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

Trevor Logan, 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...

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...

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...

21st February 2018 – FDD's Long War Journal

Parsing the Iran portions of the 2018 Worldwide Threat Assessment

Behnam Ben Taleblu

On select measures of the Iran threat, the 2018 document is remarkably consistent with themes from past assessments. Yet, in this latest assessment, additional attention is paid to the country’s evolving cyber aptitudes and to its turbulent domestic politics. more...

12th January 2018 – FDD’s Center on Sanctions and Illicit Finance Research Memo

Bitcoin Laundering: An Analysis of Illicit Flows into Digital Currency Services

Yaya J. Fanusie

Bitcoin gambling sites, “mixers” and European Bitcoin exchange may be the destinations of choice for criminals looking to launder bitcoins, according to a study issued today by the Foundation for Defense of Democracies’ (FDD) Center on Sanctions and Illicit Finance (CSIF) and cryptocurrency analytics firm Elliptic. more...

6th November 2017 – The Hill

US Treasury takes on terrorism: Non-kinetic warfare that works

Jonathan Schanzer

America’s foreign policy challenges are mounting. From North Korea and Iran to ISIS and Russia, the news cycle churns with reports of new threats and new concerns. more...

20th September 2017 – FDD Policy Brief

Regulators Struggling to Handle Illicit Finance Risks of Fintech Innovation

Yaya J. Fanusie

Earlier this month, China’s financial authorities issued a ban on Initial Coin Offerings (ICOs), a crowdfunding method through which business ventures raise capital by selling newly-created cryptocurrencies to the public. more...

16th August 2017 – The Cipher Brief

Expelling Digital Demons from U.S. Sensitive Supply Chains

Samantha F. Ravich

The open manner with which U.S. national security enterprises bid for goods and services can be exploited by U.S. adversaries seeking to inject counterfeit or malicious components into sensitive electronic hardware. more...

14th August 2017 – The Hill

Blockchain technology may give Russia its next Sputnik moment

Yaya J. Fanusie, Boris Zilberman

Using blockchain technology, Russia may have just taken a massive leap forward in cryptography that needs more attention. more...

19th July 2017 – FDD Policy Brief

Congress and the Administration Need to Reinvigorate HIFPA

Tyler Stapleton

Although it signed HIFPA into law, the Obama administration did not fully leverage its provisions. But now Congress and the executive branch have the opportunity to implement the legislation fully and use both HIFPA and all other tools at the disposal of the U.S. government to pursue Hezbollah operatives and financiers around the globe, including in the Western Hemisphere. 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.