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Analysis & Commentary - Cyber-Enabled Economic Warfare

Cyber-Enabled Economic Warfare Media

22nd December 2017 – FDD Policy Brief

North Korean Hackers Target Cryptocurrency Exchange as Part of Larger Economic Warfare Strategy

Mathew Ha, Trevor Logan

Yapizon, which operates the South Korean cryptocurrency exchange Youbit, announced on Tuesday that it would suspend all trading activity and file for bankruptcy following a North Korean cyber attack. Youbit acknowledged that the breach resulted in the theft of 17 percent of the exchange’s total digital assets, consisting of 7.6 billion won, or $7 million worth of cryptocurrencies. more...

18th December 2017 – FDD Policy Brief

House Bill Elevates Civilian Cybersecurity Agency

Annie Fixler , Trevor Logan

The House passed the Cybersecurity Infrastructure Security Agency Act last week in order to establish a primary agency responsible for leading the coordination of cyber security information-sharing efforts between federal, non-federal, and private sector stakeholders. more...

10th October 2017 – Quoted by Kevin D. Freeman - Global Economic Warfare

When the IT Supply Chain is Compromised “Inside the Wire”

Samantha F. Ravich

The term “inside the wire” generally suggests a zone of safety. Going outside the wire suggests being at risk. But what happens when the enemy gets inside the wire? Extreme threat. more...

19th August 2017 – Quoted by Jeff Francis - Bitcoinist

Pentagon Looking To Draft Blockcain Technology For Security Purposes

Blockchain technology has proven itself to be invaluable for many different applications and now the Pentagon is looking at using blockchain technology to vastly bolster national security. more...

17th August 2017 – Quoted by Dan Boylan - The Washington Times

Pentagon eyes bitcoin blockchain technology as cybersecurity shield

Samantha F. Ravich

Used by terrorists, drug dealers and money launderers, the shadowy online currency bitcoin may soon be drafted by the Pentagon as a way to shield U.S. military technology, communications and purchases. 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...

11th July 2017 – Mentioned by Dan Cummings - ETHNews

FDD and CPRI Research Blockchain For Supply Chain Protection

Manufacturing supply chains will play a huge role in advancing globalization into the future. However, just as in any other industry, supply chain management has its faults. Hidden behind the guise of legitimate trade partners, rival states can endanger the national security of their contenders. more...

11th July 2017 – FDD Research Memo

Leveraging Blockchain Technology to Protect the National Security Industrial Base

Samantha F. Ravich

Cyber-enabled economic warfare is not limited to the use of digital networks for surveillance, theft, and sabotage. An emerging national security challenge related to the globalization of manufacturing supply chains is the phenomenon of attacks in which substandard, counterfeit, or maliciously-modified electronic components are introduced into the hardware on which the national security industrial base (the “NSIB”) operates. more...

7th July 2017 – Pete Williams, Robert Windrem and Tom Winter - NBC News

Feds Suspect Russians Behind Cyber-Attacks on Power Plants

Juan Zarate

Russia is suspected to be behind recent hacker intrusions at American power plants, including at least one nuclear facility, two U.S. officials told NBC News. more...

30th June 2017 – Quoted by Alyssa Schmitt - Cleveland Jewish News

Israel Bonds Cleveland Women’s Division raises $1.4 million

Samantha F. Ravich

The Israel Bonds Cleveland Women’s Division hosted its annual sponsors luncheon. more...

29th June 2017 – Quoted by Morgan Lynch - MeriTalk

U.S. Announces Partnership With Israel on Cybersecurity

Samantha F. Ravich

The United States and Israel announced plans June 27 to cooperate on cybersecurity issues. more...

15th June 2017 – Quoted by Griffin Connolly - Roll Call

US Cybersecurity in Need of Rapid Repair, Senators Told

Samantha F. Ravich

Cybersecurity in the United States is in a severe state of disrepair, leaving the country vulnerable to attack from hacking groups backed by its opponents, two witnesses testified in a Senate subcommittee hearing. more...

15th June 2017 – Quoted by Jessie Bur - MeriTalk

Feds Lack Cyber Leadership to Deal With Nation-State Threats

Samantha F. Ravich

The Federal government lacks the empowered leadership necessary to address U.S. cyber vulnerabilities, according to former Federal experts testifying before the Senate Foreign Relations Committee on June 13. more...

14th June 2017 – Quoted by Nic Rowan - The Washington Free Beacon

Sen. Cory Gardner Calls for Cyber Committee to Oversee Prevention of State-Sponsored Attacks

Samantha F. Ravich

The United States may need a cyber committee to oversee the prevention of state sponsored cyber attacks from countries such as China, North Korea, or Russia, according to Senator Cory Gardner. more...

12th June 2017 – Fifth Domain

The growing North Korean cyber threat

Samantha F. Ravich , Anthony Ruggiero

North Korea terrorized a U.S. company, attempted a major cyber bank heist, launched its ransomware across the world, and is now implicated in a cyberattack against the very UN panel charged with investigating the Kim regime’s attempts to evade nuclear sanctions levied by the world body. more...

23rd February 2017 – Quoted by Sean D. Carberry - Federal Computer Week

How to define cyber-enabled economic warfare

Samantha F. Ravich , Annie Fixler

The U.S. and its allies lack coherent doctrine and policy to defend against the growing range of cyber threats, and that is because of a failure to even agree on a common language to describe a "cyber attack," the authors contend. more...

23rd February 2017 – FDD Research

Framework and Terminology for Understanding Cyber-Enabled Economic Warfare

Samantha F. Ravich , Annie Fixler

The world is witnessing a new kind of war, fought not with bullets but with banknotes and bytes. Although the use of economic aggression against an adversary traces nearly as far back as the creation of economic systems – economic success can breed economic competition which in turn can become intertwined with adversarial relations – over time, economic warfare tactics have evolved. more...

6th February 2017 – FDD Press

Securing American Interests: A New Era of Economic Power

American economic power has become an increasingly critical national security tool in recent years. For well over a decade, the United States has leveraged the size of its economy, the centrality of the dollar, and America’s ability to set economic and financial global standards and norms to drive its national security goals. more...

10th January 2017 – The Washington Times

Lost in cyberspace

Clifford D. May

Russia’s hacking of the Democratic National Committee was mischievous. Did it change the outcome of the 2016 elections? No evidence suggests that and the intelligence community isn’t claiming that. more...

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