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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.
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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.
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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.
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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.”
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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.
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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.
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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.
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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.
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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.
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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.
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The Geopolitics of Rare Earth Elements
The Covid-19 pandemic has exposed fragility in the global supply chains for not only pharmaceuticals and crucial medical supplies but also some critical minerals. Chief among them are rare Earth elements (REEs), which are necessary for clean energy equipment, advanced military gear, and consumer goods. About 80 percent of the world’s REEs are produced and refined in China.
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Cyber Regulation Could Be Coming Following Spate of Hacks, Ransomware Attacks
The United States may soon look to regulate private companies, mandating higher standards for cybersecurity following a series of damaging hacks and ransomware attacks against key firms and critical infrastructure. Cybersecurity experts say that malign actors are currently operating with impunity and that too many private sector organizations have, so far, failed to take the necessary precautions. “Enlightened self-interest, that’s apparently not working,” Chris Inglis, tapped to be the country’s first national cyber director, told members of the Senate Homeland Security and Governmental Affairs Committee. “Market forces, that’s apparently not working.”
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U.S. Attorney General Warns Ransomware “Getting Worse and Worse”
U.S. Attorney General Merrick Garland warned Wednesday that ransom-motivated cyberattacks are “getting worse and worse,” echoing other top Biden administration officials who have sounded the alarm about the problem in recent weeks. “We have to do everything we possibly can here,” Garland told lawmakers. “This is a very, very serious threat.”
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Fastly’s Global Internet Meltdown Could Be a Sign of Things to Come
For an hour on the morning of June, dozens of the world’s most-visited websites went offline. Together, these websites handle hundreds of millions of users. This case illustrates the fragility of an internet that’s being routed through fewer and fewer channels. When one of those major channels fails, in what is called a “single point of failure”, the results are dramatic, disruptive and incredibly costly. It’s urgent we address this significant vulnerability if we’re to avoid another global internet meltdown – but this time caused by criminals, not code.
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Broad Swath of the Web Knocked Offline by Outage
A broad swath of the World Wide Web has been knocked offline by an outage at edge cloud CDN specialist Fastly. The company runs an “edge cloud,” which is designed to speed up loading times for websites, protect them from denial-of-service attacks, and help them deal with bursts of traffic. The technology requires Fastly to sit between most of its clients and their users. That means that if the service suffers a catastrophic failure, it can prevent those companies from operating on the net at all.
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More headlines
The long view
Need for National Information Clearinghouse for Cybercrime Data, Categorization of Cybercrimes: Report
There is an acute need for the U.S. to address its lack of overall governance and coordination of cybercrime statistics. A new report recommends that relevant federal agencies create or designate a national information clearinghouse to draw information from multiple sources of cybercrime data and establish connections to assist in criminal investigations.
Trying to “Bring Back” Manufacturing Jobs Is a Fool’s Errand
Advocates of recent populist policies like to focus on the supposed demise of manufacturing that occurred after the 1970s, but that focus is misleading. The populists’ bleak economic narrative ignores the truth that the service sector has always been a major driver of America’s success, for decades, even more so than manufacturing. Trying to “bring back” manufacturing jobs, through harmful tariffs or other industrial policies, is destined to end badly for Americans. It makes about as much sense as trying to “bring back” all those farm jobs we had before the 1870s.
The Potential Impact of Seabed Mining on Critical Mineral Supply Chains and Global Geopolitics
The potential emergence of a seabed mining industry has important ramifications for the diversification of critical mineral supply chains, revenues for developing nations with substantial terrestrial mining sectors, and global geopolitics.