Story: Cyberterrorism: Myth or reality?
Very real and very scarey
I recently read the transcript of the Estonian Defense Ministers talk at the Center for Strategic and International Studies website.
http://www.csis.org/component/option,com_csis_events/task,view/id,1440/
He explains the background and threats encountered when Estonia was hit by attacks earlier this year.
Although is wasn't a global scale problem, it appears that to smaller country the impact was very costly. The attacks focused on the government mainly but also targeted 2 major banks in the country and impacted 90% of online transactions. Additionally the problem was compounded by attacks on news services portals, effectively causing news blackouts.
The whole affair was co-ordinated and executed to strike when there was unrest in the country already.
In all this demonstration of power is a real warning that cyber-threats are real and anything we can think of is most-likely a threat waiting in the wings.
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