Global supply chain risk
The situation between Russia and Ukraine has been escalating since the start of January, when Russia stationed more than 100,000 troops along the Ukrainian Border. Although cyber security is not the primary concern in the current situation, there is a cyber security component that absolutely should not be overlooked.

We believe a war in the region would have a direct impact on the cyber threat landscape. Both Poland and Lithuania have recently raised their countries' alert level, just hours after Ukraine reported its defense ministry and two banks had been hacked. In the US, CISA has issued a recommendation for all organizations, regardless of size, to adopt a heightened posture when it comes to cybersecurity. Meanwhile, Russia launched a full scale attack on Ukraine territory, which is still developing, and its full reach still remains to be seen.
Port of LA, shipping container in the port
Disrupting the flow of goods and services is a keen priority for threat actors and critical infrastructure has long been a favored target. In 2021, the Colonial Pipeline ransomware attack caused a devastating impact to the economy when Russia-based hackers halted fuel movement along the critical U.S. Gulf and East Coast pipeline.

But this and other attacks may only be the beginning of an alarming ransomware trend aimed at U.S. critical infrastructure. Ransomware-as-a-service tools make ransomware easy to execute, making it the dominant cyber threat to enterprises in 2022. Indeed, the FBI recently warned that hackers have already developed ransomware code designed to disrupt critical infrastructure or industrial processes.
What’s Most Notable in Biden’s Cybersecurity Executive Order?
In light of recent significant attacks targeting the U.S. government, the Biden administration issued an Executive Order (EO) on cybersecurity on May 8, 2021.

Overall, the EO starts to fill in some critical gaps in US government cybersecurity capabilities. The EO is designed primarily to protect Federal infrastructure, but will also have significant impact on private sector service providers (e.g. software providers) who will now be required to meet new security requirements in order to do business with the U.S. government.
A response to Security Ratings - Love, Loathe or Live With Them
A week ago (which seems like a world ago given everything that’s happened with SolarWinds) Phil Venables -- formerly CISO of Goldman Sachs and now CISO of Google Cloud -- posted an interesting expose on security ratings this week. Phil has a better perspective than most on the value and challenges of ratings not only because of the positions that he’s held but also because he is one of the authors of the Principles of Fair and Accurate Security Ratings. These principles also guide how BitSight thinks about our rating overall.
U.S. Election Security, Part 1: Voting Systems Vendors’ Cybersecurity is Improving
Significant concerns have been raised about the security of the 2020 United States election. Hundreds of millions of dollars in Federal funding has been made available to state and local governments to improve the security of election systems and remediate vulnerabilities within critical organizations. Congressional hearings have highlighted risks to electronic voting systems and the vendors who manufacture them. Government task forces have been created to address the challenge.