Unprecedented Russian hack accessed government secrets Bill Whitaker © Credit: CBSNews solarwindsarticle.jpg
When Presidents Biden and Putin met in Geneva last month – it was the first time that the threat of cyber war eclipsed that of nuclear war between the two old super-powers… and SolarWinds was one big reason why. Last year, in perhaps the most audacious cyber attack in history, Russian military hackers sabotaged a tiny piece of computer code buried in a popular piece of software called SolarWinds. As we first reported in February, the hidden virus spread to 18,000 government and private computer networks by way of one of those software updates we all take for granted. After it was installed, Russian agents went rummaging through the digital files of the U.S. departments of Justice, State, Treasury, Energy, and Commerce –among others and for nine months, they had unfettered access to top-level communications, court documents, even nuclear secrets.
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Business 57 mins ago I agree that crypto is a huge part of the problem because of the ability to receive payments anonymously, but I don t think we should ban it, Alperovitch said on Power Lunch. I mean, if we banned computers we would also solve the problem, but no one is suggesting that.
Instead, Alperovitch, who left the California-based cybersecurity firm early last year, said a range of rules could be implemented to counteract ransom payments being made in digital currencies, such as bitcoin. I do think that regulations on cryptocurrency know your customer, anti-money laundering regulations to make sure that large transfers are tracked and these criminals can t receive them anonymously are going to be very, very important in stemming this problem, he said.
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