Businesses in the digital media marketplace face a host of challenges as a result of the fallout from the US government’s cyber-attacks on the world’s largest news organization, including issues of security and privacy, the publication of classified documents, and more.
A report released Wednesday by the Digital Media and Innovation Partnership (DMIP) of the Center for Strategic and International Studies said the threat to the global marketplace from cyber threats and information leaks “is likely to grow.”DMIP, which has a history of advocating for increased protections for the global media ecosystem, said that the threat posed by cyber threats “is currently very limited.”
The report said the US cybersecurity posture has been a critical driver of global media marketplace success, but that as of now, the US lacks a credible response to the threats posed by state-sponsored hackers and other hackers and foreign actors.
It said that “a number of U.S. government and other actors are actively pursuing the development of capabilities to penetrate U. S. commercial and non-commercial networks to conduct cyber-espionage.”
The United States has been grappling with this issue since the December 2016 hack of the DNC and other organizations by Russian hackers.
The attack targeted the Democratic National Committee, and the leak of documents showed the DNC staff working with the Clinton campaign were part of a campaign to help the Ukrainian government’s leader, Viktor Yanukovych, win a third term in the 2016 presidential election.
The report noted that cyber-security measures were in place during the presidential campaign to prevent any information from being stolen from the DNC.
The report said that in the days following the hack, the Obama administration imposed additional sanctions against Russian hackers, imposed new requirements on cybersecurity and intelligence agencies to share information, and initiated the creation of an Office of Cybersecurity and Communications Security.
The Obama administration also imposed new sanctions on Russian entities and individuals responsible for interfering with the 2016 election, including Russia’s Federal Security Service, a state-funded intelligence agency.
The U.K. government also imposed sanctions on individuals and companies that were suspected of assisting Russian hackers and the GRU military intelligence service.
The U.N. Security Council has also imposed additional economic sanctions on Russia and imposed new financial and security measures targeting Russian companies and individuals that have become targets of sanctions.