Cyberattacks, already seen as the top risk of doing business by executives, are likely to receive renewed attention — and spending — as tensions between the U.S. and Iran escalate.
Defense and intelligence officials are bracing for a potential onslaught of attacks from Iranian hackers after a U.S. airstrike killed one of its top military leaders, Qasem Soleimani, outside the Baghdad airport on Friday.
“Today’s crisis highlights how volatile cyber risk can be, materializing and escalating almost overnight,” said Tom Reagan, U.S. Cyber Practice Leader for Marsh, an insurance brokerage and risk management consulting firm.
The possibility of a retaliatory attack should be viewed as an immediate and urgent challenge for businesses, he added.
Last weekend, a group claiming to be Iranian hackers defaced a federal government library website with a violent image depicting President Donald Trump.
The White House and FBI haven’t confirmed or commented on the library hack, but if it is Iran’s work, it’s only a hint of what Iranian’s cyber army is capable of.
In a terror alert following the Soleimani strike, the Department of Homeland Security warned of Iran’s long history in cybercrime and…
