The global cyber war is heating up: Why businesses should be worried

Last Friday, the Department of Justice indicted 13 Russians and three Russian companies for interfering with the 2016 elections. Also last week, several countries including the U.S., the U.K., Canada, Australia, and Denmark accused Russia of being behind last summer’s NotPetya attack.

“[NotPetya] was part of the Kremlin’s ongoing effort to destabilize Ukraine, and it demonstrates ever more clearly Russia’s involvement in the ongoing conflict,” said White House Press Secretary Sarah Sanders. “This was also a reckless and indiscriminate cyber attack that will be met with international consequences.”

Even though both attacks had political targets, the final list of victims wasn’t limited to just political organizations and critical infrastructure providers. “NotPetya had substantial impact beyond the intended political targets, disrupting the IT systems and operations of thousands of civilian organizations worldwide,” says Steve Grobman, CTO at McAfee. “It’s critically important to ultimately hold nations accountable for the comprehensive damage inflicted by such attacks.”

Read full article at CSO.