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@ 2020/02/14It's going to get chilly with all these cyber warriors playing around
A top analyst has warned businesses that they are going to be in the front line in a new cybersecurity “cold war”.
Jake Olcott, VP of Government Affairs at Bitsite said that like the nuclear cold war between the US and the Soviet Union in the 1980s, countries are stockpiling cyberwarfare capabilities and using those reserves as a threat or a deterrent to their enemies. Russia, China, North Korea, and others have the capacity to launch sophisticated attacks against U.S. businesses. Using armies of “cyber soldiers,” these nation-states can easily target critical infrastructure, including utilities and financial systems -- if they so desire.
Last week the World Economic Forum published an article – “These will be the main cybersecurity trends in 2020” – warning of a new cyber cold war between Western and Eastern countries fuelled by trade wars. But there’s also another player fanning the flames: Iran.
A top analyst has warned businesses that they are going to be in the front line in a new cybersecurity “cold war”.
Jake Olcott, VP of Government Affairs at Bitsite said that like the nuclear cold war between the US and the Soviet Union in the 1980s, countries are stockpiling cyberwarfare capabilities and using those reserves as a threat or a deterrent to their enemies. Russia, China, North Korea, and others have the capacity to launch sophisticated attacks against U.S. businesses. Using armies of “cyber soldiers,” these nation-states can easily target critical infrastructure, including utilities and financial systems -- if they so desire.
Last week the World Economic Forum published an article – “These will be the main cybersecurity trends in 2020” – warning of a new cyber cold war between Western and Eastern countries fuelled by trade wars. But there’s also another player fanning the flames: Iran.
