8 /10 Severity

State-Sponsored Cyber Warfare Escalation

cyber attack Dec 2020 Ongoing

GDP Impact

-0.8%

Countries Affected

80

Duration

60.485053350487+ months

Recovery

- months

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Description

Escalating cyber attacks on critical infrastructure including SolarWinds attack, Colonial Pipeline ransomware, and state-sponsored operations targeting financial systems and government networks.

Causes

Geopolitical tensions, digital dependency, inadequate cybersecurity, state-sponsored hacking groups.

Consequences

Critical infrastructure disruptions, data breaches, ransomware payments, national security threats, $8 trillion annual global cost.

Quick Facts

Event Type
cyber attack
Start Date
Dec 13, 2020
Peak Year
2020