Complete Story
03/22/2022
Business Leaders Should Prepare for Russian Cyberattacks
Source: National Association of Manufacturers, March 22, 2022
In his most urgent warning yet, President Biden on Monday told American companies to strengthen their cybersecurity measures following intelligence reports that indicate Russia is seeking retaliation for U.S. economic sanctions.
Means of retaliation: “‘The more Putin’s back is against the wall, the greater the severity of the tactics he may employ … one of the tools he’s most likely to use in my view, in our view, is cyberattacks,’ Biden said on Monday,” according to POLITICO Pro. “‘The magnitude of Russia’s cyber capacity is fairly consequential, and it’s coming,’ he continued.”
- Deputy National Security Adviser for Cyber and Emerging Technology Anne Neuberger said the Russian government was “eyeing U.S. critical infrastructure” but did not cite any specifics, according to POLITICO Pro.
Forewarned is forearmed: Federal agencies recently gathered more than 100 U.S. companies to share information on the new intelligence, according to POLITICO Pro.
- Neuberger “said the government gave companies tools to strengthen cybersecurity and security advisories on what the government is seeing.”
- The Department of Energy held a classified briefing last Wednesday with industry leaders who hold a top-secret security clearance to discuss the Russian cyberattack threat, according to a source familiar with the meetings.
“Clear and present danger”: “Tom Kellermann, the head of cybersecurity strategy at VMware, said Monday that ‘there is a clear and present danger’ to the U.S. given efforts by Russian-linked cyber threat groups in recent months. ‘Destructive cyberattacks are imminent,’ he said,” according to POLITICO Pro.
Just the facts: The White House also put out a fact sheet listing ways companies can protect themselves against cyberattacks.
- President Biden said the administration will “continue to use every tool to deter, disrupt and if necessary, respond to cyberattacks against critical infrastructure,” according to POLITICO Pro.
Manufacturers continue to be a top target for hackers. Through GMA’s partnership with the National Association of Manufacturers (NAM), we are now offering an exclusive cyber insurance and risk management product designed specifically for manufacturers and their needs – NAM Cyber Cover.
NAM Cyber Cover proactively helps you avoid large losses due to a cyber incident and reassure industry partners that your company is protected. NAM Cyber Cover combines the expertise of national broker, AHT Insurance, and Underwriter, Coalition, to offer this unique product to our members. NAM Cyber Cover offers a complimentary cyber risk assessment (CRA) based on publicly available data.
Manage Your Risks
- A complimentary Cyber Risk Assessment allows you to see the weaknesses that exist as easy targets for a hacker.
- Patch manager scans your systems for out-of-date software and weaknesses. Immediate alerts are sent when something unusual is found.
- Threat Monitor constantly monitors for new outside risks and notifies you before damage can be done.
Respond Quickly
- Where law enforcement capabilities stop, the NAM Cyber Cover program for manufacturers begins.
- 24 hours a day, 7 days a week, 365 days a year – we’ve got you covered.
Mitigate the Severity
- A training platform and simulated phishing emails help train your employees to avoid mishaps.
- Enlist ethical hackers to find vulnerabilities in your systems with Hacker One Response – taking that burden off your team.
Recover from an Attack
- Recovery is the key to survival of your business after an attack. Let us help you protect and defend your business.
For more information, contact the Association or visit the NAM Cyber Cover website.
