A peril that may not be on your radar screen: Cyber-Enabled Economic Warfare (CEEW). Computers and the Internet have made our lives easier but they’ve also left us vulnerable to an arsenal of cyber weapons that threaten us as much as terrorists, guns and bombs.
Foreign Podicy host Clifford D. May is joined by Dr. Samantha Ravich, a senior advisor at the Foundation for Defense of Democracies as well as a principal investigator for FDD’s Cyber-Enabled Economic Warfare project, to discuss CEEW, and what must be done to combat it.
The world is witnessing a new kind of war, fought not with bullets but with banknotes and bytes. Although the use of economic aggression against an adversary traces nearly as far back as the creation of economic systems – economic success can breed economic competition which in turn can become intertwined with adversarial relations – over time, economic warfare tactics have evolved. Today, the arsenal consists of many long-established techniques as well as new, innovative tools (some legal and some not) reflective of our modern economic and financial systems. But now the battleground is shifting faster. The expanding digital landscape is changing the nature of economic warfare. Something new is developing: cyber attacks and cyber-enabled attacks can now cause economic harm disproportionate to the size or resources of the attacker. Read the FDD Resource Guide
Cyber-enabled economic warfare is a hostile strategy involving attacks against a nation using cyber technology with the intent to weaken its economy and thereby reduce its political and military power. While economic warfare dates back millennia, adversaries now have powerful asymmetric cyber tools with which to strike at our economic base, the foundation that makes the U.S. the strongest military in the world. Read in The Diplomat
Elevation of U.S. Cyber Command from its previous status as a sub-unified command under U.S. Strategic Command reflects the growing centrality of cyberspace to U.S. national security. Raising the organizational status of U.S. Cyber Command is intended to demonstrate visibly DoD's long-term commitment to cyberspace as a warfighting domain. It also signals the department's resolve to embrace the changing nature of warfare - thus helping to reassure partners and deter adversaries. Read the Department of Defense press release
Army Lt. Gen. Paul Nakasone was confirmed by the Senate on Tuesday to be the next director of the National Security Agency and the leader of U.S. Cyber Command, putting him in charge of the nation’s largest spy agency and the military’s cyber warfare organization. Nakasone, 54, will succeed Navy Adm. Michael S. Rogers, who is retiring. His ascension comes as the United States faces strategic threats from Russia, China, North Korea and Iran. During his confirmation hearings, Nakasone was grilled on how he would position the agencies to confront mounting Russian aggression in cyberspace, whether through attempted interference in U.S. elections or targeting the electric grid and other critical industrial systems. Read in The Washington Post