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Prime Minister Kaja Kallas (Reform) says this week s Exercise Locked Shields large-scale cyber warfare exercise is a significant example of what countries can do when working together in the field. Locked Shields is an extraordinary testament of what can be achieved in cooperation of like-minded nations and highly skilled experts from various fields, Kallas, who attended a briefing on the international live-fire cyber defense exercise, one of the largest of its kind worldwide and organized by the Tallinn-based NATO Cooperative Cyber Defense Center of Excellence (CCDCOE), said Wednesday. Cyber defenders need to be ready 24/7, especially during the time of this pandemic when our societies depend even more on safe cyberspace solutions. It is important to practice our cyber defense capabilities on a regular basis and we also need to make sure that everyone involved can test their skills safely, Kallas went on, according to a CCDCOE press release.
Opening Bell: 4.15.21
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Russian risks; pharma deals; GameStop gripes; and more!
Using a new executive order, the measure will expand the existing prohibitions on U.S. banks trading in Russian government debt, two of the people said. Previous prohibitions targeting portions of Russian sovereign debt shook Russia’s markets and added to its economic woes.
That order prohibits U.S. financial institutions from buying new bonds directly from Russia’s central bank, finance ministry and the country’s massive sovereign-wealth fund after June 14…. Russia’s foreign-intelligence service, the SVR, will be formally accused of carrying out the so-called SolarWinds hack of U.S. government and corporate computer systems.
Stamus Networks Partners with NATO for Locked Shields Exercise
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TALLINN, Estonia, April 14, 2021 /PRNewswire/
Stamus Networks, a global provider of high-performance network-based threat detection and hunting systems, today announced its successful participation in Exercise Locked Shields, organized by the
Exercise Locked Shields is the largest and most complex international live-fire cyber defence exercise in the world. An annual event, it has been organized by the CCDCOE since 2010 and is a Red team (attackers) vs. Blue Team (defenders) exercise with teams formed by member nations and partners of CCDCOE. In 2021 there are 22 BTs participating with an average 40 experts in each team. The Teams take on the role of national cyber rapid reaction teams that are deployed to assist a fictional country in handling a large-scale cyber incident with all its implications.
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Nato is staging cyber war games this week with make-believe hackers launching more than 4,000 attacks on the power grids and air defence systems of a fictional island country.
The drills involving 30 countries are meant to test Nato’s defences during a global pandemic that
is making the world more dependent on virtual systems.
Hackers
targeted vaccine developers during the Covid-19 crisis and the US government was the target of a major cyber attack, which was discovered last year.
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Known as “Locked Shields”, the four-day exercise is organised by the Co-operative Cyber Defence Centre of Excellence, a Nato-accredited cyber hub in Estonia.