Sunday, July 09, 2017

Cyber Attacks on U.S Companies in 2016

Not sure what the Trump administration can do about cyber security given the "deep state" he inherited which is loyal to Obama, because this report for 2016 and the 2014 and 2015 and ones before them show the U.S.--government and businesses--really let us down. Voter records, Treasury, Homeland security, DNC, social network sites, banks, etc. Wonder why DNC wouldn't let FBI investigate. . .

 "This Issue Brief [above] is a continuation of a series of papers on cyber attacks against U.S. companies since 20141 and 2015.2 While the means of cyber attacks vary, the pattern of targets has been relatively consistent. Large databases, as well as point-of-sale systems, continue to be targeted for financial gain. Hackers with possible ties to nation-states continue to target infrastructure as well as systems for political insight."

"According to the FBI, about 4000 ransomware attacks happen every day.  In the United States alone, victims lost $209 million to ransomware in the first quarter of 2016.  Even worse is the threat to critical infrastructure, as seen by the malware infections at electrical distribution companies in Ukraine that caused outages to 225,000 customers in late 2015.  Recent reports on the Russian hacks into the Democratic National Committee and subsequent release of emails in a coercive campaign to apparently influence the U.S. Presidential Election bring further national attention to the inadequacy of cyber deterrence.  The U.S. government seems incapable of creating an adequate strategy to alter the behavior of the wide variety of malicious actors seeking to inflict harm or damage through cyberspace."

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