Russia has made some serious progress in import substitution, but the new technology sanctions will hit Russian industry hard. Some sanctions will have almost immediate effect. Take microchips, the Russia’s Achilles heel for decades. Despite all the country’s efforts — the Soviet Union even built a city for the sole purpose of solving the problem …
Among Joe Biden’s options to punish Russia for its invasion of Ukraine are disruptive cyberattacks—the kind that Russia itself often unleashes on other countries. Even more broadly, sanctions experts have discussed the possibility of cutting countries off from the global internet entirely, the way governments do to stifle unrest in domestic regions. But Russia has been preparing for …
Russia has been preparing to have its internet cut off Read More
While the G7 (today with the addition of Japan) mobilize to shut down Russia’s access to the Swift banking system, the country has been running campaign corralling developers to join an “IT army” tasked with specific cyber challenges. It’s also making specific calls to technology leaders to do their part. The “IT Army of Ukraine“, announced yesterday and already …
Ukraine takes resistance to cyberspace, assembles “IT army” to hack Russian sites Read More
Earlier this month VkusVill, Russia’s number one health foods brand and a leading player in e-grocery, opened its first cashierless store in Moscow. To make a purchase, customers scan a QR code in their VkusVill mobile app when they enter the store, then select the items they need and exit through a special turnstile. Payment is …
The Russian invasion of Ukraine not only threatens to upend the world geopolitical order, it’s also affecting several different business sectors, notably cybersecurity. For days before and even during the invasion, several Ukrainian government and financial sites experienced hacks and disruptions. There have been reports that the FBI has also asked U.S. businesses to be on the watch …
Cybersecurity investment rises amid Russian invasion of Ukraine Read More
SberMarket, a delivery service owned by Sber, the state-controlled financial and digital giant, claims to have tripled its turnover in 2021 to 58.6 billion in 2021 ($800 million at the average exchange rate of the year, including VAT and excluding promotions). The number of delivered orders quadrupled to 24 million in the course of the …
With 24 million deliveries in 2021, SberMarket asserts leadership in Russian e-grocery Read More
Hacker collective ‘Anonymous’ has declared a “cyber war” against Russia, claiming to have disabled several Russian government websites and that of RT. Social media accounts claiming to represent the group announced on Thursday evening that they were “officially in cyber war against the Russian government,” and had taken down dozens of websites in response to the country’s military action …
Will Russia take control of Ukraine after a quick military victory? Will it be a long-lasting war of guerrilla? Could an escalation involve neighboring countries and western powers? The outcome of the Russian military attack on Ukraine that began on Thursday, Feb. 24, is unpredictable. But just hours after the invasion, the impact on the …
As Russia launches an unprecedented invasion of Ukraine, world leaders are considering what sanctions they could impose to stop President Vladimir Putin in his tracks. These could include cutting off Russia’s access to key technologies such as semiconductors and even the payments service SWIFT, which powers most of the world’s international money transfers. All of this could have potentially have devastating …
From semiconductors to payments: How the world could use tech sanctions against Russia Read More
As Ukrainian cities come under air attack from Russian forces, the country has also suffered the latest blows in an ongoing campaign of cyber attacks. Several of Ukraine’s bank and government department websites crashed on Wednesday, the BBC reports. The incident follows a similar attack just over a week ago, in which some 70 Ukrainian government websites crashed. Ukraine and …
Russia is using an onslaught of cyber attacks to undermine Ukraine’s defense capabilities Read More
Russia’s invasion of Ukraine by land, air and sea risks reverberating across the global chip industry and exacerbating current supply-chain constraints. Ukraine is a major producer of neon gas critical for lasers used in chipmaking and supplies more than 90% of U.S. semiconductor-grade neon, according to estimates from research firm Techcet. About 35% of palladium, a …
Ukraine war could exacerbate global chip supply crisis Read More
Playrix, a global Russian-founded mobile gaming giant, acquired a minority stake in AppQuantum, a Cyprus-based, Russian founded mobile gaming developer and publisher. The deal took place in late 2021 but was announced only in early February. Launched in 2017 by Evgeny Maurus, AppQuantum is behind such titles as Dragon Champions, Evil Clicker and Gold & Goblins. While claiming “dominant positions” in clicker and …
Russian-founded gaming giant Playrix continues investment spree Read More
