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Gourav Ajay
Cybercriminals have the ability to wreak havoc on individuals, businesses, and entire
attackers, who are responsible for some of the most significant breaches in recent memory.
Attackers targeting high-profile entities in recent years have caused significant disruptions and
financial losses.
government-backed groups that conduct prolonged and highly-targeted cyberattacks. These types
of attackers are typically well-funded, technically skilled, and have access to significant
resources, including zero-day vulnerabilities. They employ advanced tactics to evade detection
and often steal sensitive intellectual property and confidential information. (CrowdStrike, 2023)
Over the past few years, several incidents of nation-state-sponsored cyberattacks have taken
place, posing a significant threat to national security and businesses worldwide. In 2020, some of
1. SolarWinds: In December 2020, software company SolarWinds was hit with a large-scale
cyberattack. The attackers compromised the company's Orion platform, used by thousands of
organizations around the world. By inserting malicious code into the software, the attackers
gained access to sensitive information, including emails and files. Suspected to be perpetrated by
Russian state-sponsored attackers, the SolarWinds attack is considered one of the most impactful
2. United States Federal Agencies: The SolarWinds attack also impacted US federal agencies,
including the departments of Treasury, Defense, and Commerce, among others. The scale and
sophistication of the attack led many experts to believe that it was part of a state-sponsored
operation. The full extent of the damage caused by the SolarWinds breach may take years to
understand.
3. COVID-19 Research: In 2020, several high-profile universities and research centers working
attackers were thought to be interested in obtaining research related to the virus, including
4. Maersk: In 2017, Danish shipping company Maersk was hit with a global ransomware attack.
The attack, which used the infamous Not Petya malware, brought down the company's IT
systems, causing extensive disruption and financial losses. The attackers, believed to be Russian
exposed the sensitive personal information of nearly 150 million people. The breach was linked
to a vulnerability in the company's web application framework, which the attackers exploited to
gain access to customer information. The attackers were believed to be Chinese state-sponsored.
(Bomey, 2020)
especially those with valuable intellectual property. To mitigate the risk of a breach, companies
must adequately protect their IT infrastructure - which should include implementing strong data
security measures, such as firewalls and encryption protocols, monitoring inbound and outbound
network traffic, and enhancing employee training on cybersecurity awareness. Companies should
also invest in proactive threat intelligence to help identify and assess the risks posed by potential
attacks, so that they can proactively implement measures to reduce those risks.
Conclusion: The threat posed by nation-state-sponsored attackers is increasing, and the scale
and scope of these attacks are only getting bigger. In recent years, major organizations, both
private and public, have been hit with significant cyber threats, which caused significant
financial losses and reputational damage. Moving forward, companies must take a coordinated,
proactive approach to mitigating cybersecurity risks, ensure they are up-to-date with the latest
threats and protection measures, and develop proactive plans to respond to breaches and attacks.
Failure to do so runs the risk of further breaches and the potential for significant financial and
reputational damage.
References
Bomey, N. (2020). Equifax data breach was carried out by Chinese military hackers, USA
Today.
https://www.usatoday.com/story/tech/2020/02/10/2017-equifax-data-breach-
chinese-military-hack/4712788002/
DANIEL E. CAPANO. (2019). Throwback attack: How Not Petya accidentally took down
https://www.industrialcybersecuritypulse.com/threats-vulnerabilities/
throwback-attack-how-notpetya-accidentally-took-down-global-shipping-giant-maersk/.
Bing C. (2020). Exclusive: China-backed hackers targeted COVID-19 vaccine firm Moderna.
Reuters.
https://www.reuters.com/article/us-health-coronavirus-moderna-cyber-excl/
exclusive-china-backed-hackers-targeted-covid-19-vaccine-firm-moderna-idUSKCN24V38M
https://www.techtarget.com/whatis/feature/SolarWinds-hack-explained-
Everything-you-need-to-know
Strike, C (2021). Advanced persistent threat (APT).
https://www.crowdstrike.com/cybersecurity-101/advanced-persistent-threat-
apt/