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MFP Voices

How Much Damage Could a Russian Cyberattack Do In The U.S.?

“U.S. intelligence analysts have determined that Moscow would consider a cyberattack against the U.S. as the Ukraine crisis grows. As a scholar of Russian cyber operations, I know the Kremlin has the capacity to damage critical U.S. infrastructure systems. In January 2022 the U.S. Cybersecurity and Infrastructure Security Agency issued an alert that outlined the Russian cyberattack threat, with technical details of sophisticated Russian-led hacking from recent years. That included a complicated digital break-in that targeted the U.S. energy industry and gained access to the control rooms of U.S. electric utilities.”

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MFP Voices

America’s Cost of ‘Defending Freedom’ in Ukraine: Higher Food and Gas Prices, Increased Risk of Recession

“On Feb. 22, 2022, President Joe Biden warned Americans that a Russian invasion of Ukraine and U.S. efforts to thwart or punish it—would come with a price tag. ‘Defending freedom will have costs, for us as well and here at home,’ Biden said. ‘We need to be honest about that.’ His statement came one day before Russian President Vladimir Putin ordered an attack on targets throughout Ukraine, including western parts of the country. Now that war has broken out, the biggest costs for the U.S. will likely be in higher prices—on top of what is already the fastest pace of inflation in 40 years.”

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