• Full Impact of Russian Ransomware Attack Hard to Estimate

    Hackers associated with the REvil gang, a major Russian ransomware syndicate have demanded $70 million in Bitcoin in exchange for a decryption tool to free the data of companies targeted, but also indicated they were willing to negotiate.

  • Understanding Influence in the Strategic Competition with China

    What do qualitative metrics and case studies reveal about how China attempts to exert influence around the world? How should the United States respond to China’s influence-seeking activities? A new report assesses China’s ability to use various mechanisms of influence to shape the policies and behavior of twenty countries, as well as the lessons that these examples offer for the U.S. strategic competition with China.

  • Ransomware Cyberattack Hits Hundreds of U.S. Businesses

    U.S. IT company Kaseya urged its customers to shut down their servers after hackers smuggled ransomware onto its network. Such attacks infiltrate widely used software and demand ransom to regain access. The REvil gang, a major Russian-speaking ransomware syndicate, appears to be behind the attack.

  • The Ideal Responses to Ransomware Attacks

    A ransomware attack is like a cyber hijacking, with criminals infiltrating and seizing an organization’s data or computer systems and demanding a payment or ransom to restore access.What is the best strategy to decrease the risk of digital extortion?

  • SEC's Increasing Focus on Terrorism May Limit Financial Oversight

    When SEC asks companies about potential ties to terrorism, it catches fewer reporting errors. The SEC’s shift of attention to firms’ financial ties to states sponsoring terrorism (SSTs) began at Congress’s behest in 2003, leading to a shift in the composition of SEC review staff — the number of lawyers the review staff has grown while the number of accountants has decreased.

  • Supply Chains Have a Cyber Problem

    If it wasn’t clear before the cyberattacks on, JBS S.A. and Colonial Pipeline, it’s now painfully clear that the intersection of cyberattacks and supply chains creates a wicked new form of risk—and the stakes are as much about national security as they are economics.

  • Military and Defense-Related Supply Chains

    The military services, geographic combatant commanders, the Defense Logistics Agency (DLA), and other combat support agencies have different responsibilities and incentives, and their management of their supply chains reflect these differences. These incentives drive behavior that makes individual sense for the organizations, but might not result in overall effectiveness in supporting the needs of operating forces.

  • Making Our Computers More Secure

    Corporations and governments rely on computers and the internet to run everything, but security hacks just this past month —  including the Colonial Pipeline security breach and the JBS Foods ransomware attacks  — demonstrated, yet again, how vulnerable these systems are. Researchers presented new systems to make computers safer.

  • Can China Keep Rising?

    “The East is rising,” Chinese leaders took to declaring around the time U.S. President Joe Biden entered office, “and the West is declining.” Daniel Kurtz-Phelan, the executive editor of Foreign Affairs, writes that while the second part of that declaration may draw eye rolls or angry objections in Washington and allied capitals, “the first has become a point of near consensus: a self-assured China, bolstered by years of dazzling economic performance and the forceful leadership of Xi Jinping, has claimed its place as a world power and accepted that long-term competition with the United States is all but inevitable as a result.” He notes, though, that “past performance does not guarantee future results.”

  • How Will We Protect American Infrastructure from Cyberattacks

    As the Colonial Pipeline hack and subsequent shutdown reminded us so recently, our infrastructure’s digital connectedness — while bringing benefits like convenience, better monitoring and remote problem-solving — leaves it vulnerable to cyberattacks.

  • How America Turned the Tables on Huawei

    The United States started warning allies and partners in 2019 that having the Chinese telecom firm Huawei build their 5G telecom infrastructure risked exposing their citizens’ and their official data to Chinese state surveillance. The Trump administration argued that countries should keep Huawei out, both for their own sake and for the sake of collective security among democratic allies.

  • Overseas Climate Change Could Devastate U.K.

    The effects of climate change overseas could have a potentially devastating impact on the economy here in the UK. The UK economy is particularly exposed to risks because of London’s prominent role at the center of the global insurance market. Climate change will lead to rising sea levels and wildfires, as well as an increase in the frequency of extreme weather events such as droughts, floods, and severe storms.

  • White House Launches Broader Scrutiny of Foreign Tech

    An executive order signed by President Joe Biden earlier this month dropped a Trump-era measure that barred Americans from downloading TikTok and several other Chinese smartphone apps. But analysts say the order also broadens the scrutiny of foreign-controlled technology.

  • New Federal Agency Needed to Help U.S. Compete with China in Advanced Industries, Technologies: Report

    To compete effectively with China, the United States must develop and implement a national advanced industry and technology strategy that is explicitly focused on the commercial competitiveness of select sectors that are most critical to the economy—and the U.S. government needs a new, free-standing agency that is solely dedicated to carrying out that mission.

  • Rare Earth Metals at the Heart of China’s Rivalry with U.S., Europe

    What if China were to cut off the United States and Europe from access to Rare Earth Elements (REEs), 17 minerals with unique characteristics which are essential to electric vehicles, wind turbines, drones, batteries, sophisticated military gear, and much more? This is a time of growing geopolitical friction among these three, and the United States and Europe want to change the current dependence on China, where, today, these minerals are largely extracted and refined.