Stock Groups

Russia exploring cyberattacks, companies must be ready

[ad_1]

President Joe Biden addresses the Dearborn Electric Vehicle Center during a May 18th, 2021, tour.

CNBC| CNBC

On Monday, President Joe Biden advised U.S. companies to improve their cybersecurity procedures in light of intelligence reports that Russia was looking into possible attacks.

This guidance was almost one month after Russian troops invaded Ukraine, a war which has brought about over 900 deaths, including 39 children.

In a statement, the president claimed that Russia had previously threatened the United States with malicious cyber activity. He said this in response to unprecedented economic losses we’ve imposed on Russia and our allies. statement. It’s part Russia’s game plan. My Administration today reiterates those cautions that were prompted by evolving intelligence. The Russian Government has been exploring potential cyberattacks.

Biden directed people to White House guidanceMulti-factor authentication was recommended to prevent attackers from gaining access to systems. According to the White House, companies should back up, encrypt and refresh data and ensure that devices are up-to-date with security updates.

“We need everyone to do their part to meet one of the defining threats of our time — your vigilance and urgency today can prevent or mitigate attacks tomorrow,” Biden said.

Anne Neuberger, U.S. deputy national secure advisor for cyber- and emerging technology told journalists at a conference that it was not known if an adversary will attack critical infrastructure. However, classified briefings were still provided by the federal government to hundreds of companies last Wednesday.

Neuberger stated that “there is some preparatory work that we are seeing” but did not name any industries which could be affected.

Software company in the United States HubSpotHubSpot claimed it had suffered an attack on Friday. It believed the attacker was targeting customers who use cryptocurrency. HubSpot could not find the attacker.

MicrosoftLate last month, the company stated that it had shared cyberthreat data with the U.S. government. The company had seen attacksIt had identified civilian and military targets in Ukraine but did not attribute them to Russia.

Ned Price spoke on behalf of the State Department and stated that Russia has made it quite clear that the Russians will have to pay a heavy price for their ability to strike critical infrastructure or target strategic sectors.

Christina Wilkie, CNBC contributed to this article.

WATCH: Viasat chairman on recent hack: Can’t confirm whether Russia was behind cyber attack

[ad_2]