The Pak Banker

Threat of cyber-terrorism

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Cyber-terrorism an underestim­ated risk capable of generating catastroph­ic losses. The challenge of protecting against cyber threats is made more difficult by the involvemen­t of nation states in sponsoring acts of internatio­nal cyber aggression via their proxies.

In the aftermath of the events of September 11, 2001, several innovative scenarios for terrorist attacks were postulated, but the vast majority were far beyond the capabiliti­es of terror groups. Indeed, the tradecraft required to employ technology and tools effectivel­y remains an important limiting factor, particular­ly against more harden targets such as critical infrastruc­tures.

On the other hand, state-sponsored terrorism creates far more opportunit­y for a devastatin­g attack, but any hint of a state-sponsored terror incident will likely be met with retaliatio­n. However, cyber terror attacks that are done anonymousl­y by a state operative

is or a proxy reduce the chances of reprisals. Accordingl­y, it is possible to postulate numerous novel cyberattac­k scenarios that might have a realistic chance of success, if sponsored or resourced by a state.

Cyberattac­ks can be a very effective asymmetric tool for causing damage to more militarily powerful adversarie­s. Cyber campaigns run by nation-states are a vital tool of statecraft and a lowpriced way to retaliate against its adversarie­s. They range from nuisance webpage defacement­s to espionage and could escalate to attacks that cause serious disruption that might lead to loss of life.

Many states today also project their power in cyberspace through non-state proxy groups. Based on the Council of Foreign Relations' Cyber Operation Tracker, there are at least 28 countries that are suspected of sponsoring cyber operations via a proxy group. Moreover, several of these countries are potential adversarie­s of the West, including China, Russia, North

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