The effects of warfare can be felt well beyond the battlefield. Businesses are interrupted, property damaged, lives lost—and those at risk often seek to protect themselves through insurance. The premiums that insurers charge, however, rarely account for the immense destructive capacity of modern militaries, making wartime claims a potentially existential threat to their fiscal solvency.
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In 2018, the United Nations General Assembly voted to establish two separate groups to study international law and norms in relation to cyberspace. Resolution 73/27—proposed by a number of countries, including Russia—created an open-ended working group (OEWG) on the subject.
President Trump on Sept. 12 announced that the U.S. would delay tariff increases on $250 billion of Chinese imports until Oct. 15, creating a possible opening for the two sides to reach an agreement during a round of negotiations scheduled for early October. In response, China exempted U.S.
Recent years have seen sustained calls to “unleash” the private sector to more assertively combat cyber threats. The argument has gained some sympathy in Congress, where Rep. Tom Graves (R-Ga.) recently reintroduced the Active Cyber Defense Certainty Act (ACDCA).
There is near-universal agreement on Capitol Hill about the importance of American leadership in the field of 5G technology as well as the importance of protecting the networks of the United States and its allies’ networks from prying eyes and cyberattacks. There is also consensus that the United States is playing catch-up compared to competitors like China and that more needs to be done. Both the House and the Senate have held hearings addressing 5G this year, and members have used national security-related hearings to raise questions and gather information about 5G.
The world is facing a new era of technological ubiquity. With 19.4 billion connections globally between internet-enabled devices—1.6 billion of which were added in the last year alone—cyberspace is expanding into every area of life and transforming society at an accelerated pace. And the United States is the most connected nation in the world—which brings opportunities but also increased vulnerabilities. Unfortunately, U.S. politics, laws and national security policy have not kept up with both the risks and the opportunities stemming from the dynamism of technological change.
Markets have been slow to adjust to the multidimensional perils of cyber risk.
On July 29, the U.S. Attorney’s Office for the Western District of Washington filed a criminal complaint against Paige A. Thompson for violating the Computer Fraud and Abuse Act by hacking into protected computers belonging to Capital One. The complete charging document is available here and below.
On Tuesday, July 23, Attorney General William Barr delivered a keynote address at the International Conference on Cyber Security at Fordham University. The complete speech can be read below.
On March 1, 2018, the governor of Colorado issued the first-ever state emergency declaration based on a ransomware attack. He did so to deploy cybersecurity specialists in the state’s National Guard.