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Significance
The hack likely required over 1,000 software developers, and while it primarily targeted US firms and government agencies, its victims are spread across North and South America, Europe and the Middle East. The attack’s sophistication and success have implications for how software vendors, users and governments operationalise IT security.
Impacts
The US government will probably retaliate with counter cybercampaigns against Russia, escalating tensions in cyberspace.
The appeal of zero-trust network architecture will rise.
The hack has created a market opportunity for third-party certification and validation of software code.
Keywords:
International,
INT,
United States,
Russia,
economy,
industry,
computers,
corporate,
security,
technology,
IT software & services
© Oxford Analytica 2021. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2021
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