Tuesday, January 19, 2016

Could the “Black Energy Malware” attack on Ukraine facility last month be a sign for World Economic Forum cyber risk assessment?

World Economic Forum global risk 2015 10th edition categorize cyber-attacks among the most likely high-impact risks. It is listed as the number 10 risk the planet will face. In this report, the risk of cyber threat is expressed in connection to the deployment of Weapons of Mass Destruction (WMDS). According to the report(2. page 13 ), "In the coming decades, technological advancements, greater access to scientific knowledge and the increased vulnerability of classified information to cyber threats enhance the risk of WMDs proliferation, particularly in fragile areas. This highlights the need for greater international collaboration to control the proliferation of WMDs. the report also mentioned that interstate conflict is no longer physical but uses economic means and cyber warfare to attack people’s privacy as well as intangible assets."

"A power cut in western Ukraine last month was caused by a type of hacking known as "spear-phishing", says the US Department of Homeland Security (DHS)", taken from BBC report on January 12. 2016. 

A power cut incident that causes a black out to 80, 000 customers worth mentioning. According to the DHS, "Black Energy Malware" used to attack the facility is an attachment to corrupted Microsoft word. 

The scariest part is the fact that there is no place where Microsoft Word never reach.
My question is, where are we heading with the technology?

References

3 comments:

  1. Good question Harris.
    It seems like technology that is supposed to better our lives is leading us directly to an abyss.
    Before, hackers were only able to do damage to individual and corporate. Nowadays, nation’s critical infrastructures are being hacked into. What is coming tomorrow?

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  2. This same situation seemed to have happened in US where a big city lost power. But here is where i think countries need to join forces and be able secure powerful things like WMD.

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  3. Technology advancement improves the quality of life, at the same time brings new challenges.As Abrar said ,nations need to bring their expertise together and devise countermeasures to combat the menace.

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