WAR GEOECONOMICS TEAM / NEWSLETTER #4

CYBER WARFARE

Iran blamed for UK Parliamentary cyber-attack

The actor behind the 23rd July cyber-attack on Parliamentary is Iran, according to British Intelligence. The stolen information has not been yet used; neither the motive of the attack is cleared. It appears though, that other players begin to appear in the cyber security game.

(14/10/2017)
Source: BBC News

North Korea and Wanna-Cry attacks are linked, Microsoft chief said

Microsoft chief claims that North Korea is to blame for the UK attacks. Even though nothing is proven about the actor, N.Korea has been widely linked to those attacks. Mr. Smith called for a Geneva type convention on cyber-security issues, as the world deals with more and more sophisticated cyber-threats and attacks conducted by nation-state actors.

(14/10/2017)
Source: The Telegraph

Daniel Pinto, CEO of JPMorgan’s calls for global cyber-security cooperation

CEO of JPMorgan’s, stressed the necessity of creating global standards on cyber-security, during a panel at the Institute of International Finance meeting in Washington. According to D.Pinto the problem lies to the fact that each country has a different set of rules and standards, yet the threat is global.

(14/10/2017)
Source: Reuters

Information on navy ships and jets were stolen by hackers

Secret information on F-35 joint strike fighter was compromised, last year. Even though, hackers had a 4-month free access to the data, according to the defense industry minister, that information is not considered as “classified type” sensitive but more of as commercially sensitive. The actor is not identified, yet.

11/10/2017
Source: The Guardian
DEFENSE INDUSTRY

Turkey looks to expand defense ties with Ukraine

The defense sector can be a key area to increase bilateral trade between Turkey and Ukraine, Turkish Defense Industry Undersecretary Ismail Demir has said.
“One of the greatest elements of achieving a trade volume of $10 billion in 2023, jointly proclaimed by President Recep Tayyip Erdogan and Ukrainian President Petro Poroshenko, will be the defense industry.”

(11/10/17)
Source : Yenisafak

Russia to donate Kalashnikovs, trucks and munitions to Philippines

Philippine President Rodrigo Duterte announced that Russia would donate defense hardware to support the military’s fight against pro-Islamic State militants, who he said could regroup and attack “anywhere and everywhere”.
Moscow’s gift would follow China’s donation of more than 6,000 assault rifles and 100 sniper rifles, among the fruits of Duterte’s efforts to form partnerships with two arms-producing powers that are rivals to the United States.

(11/10/2017)
Source : Reuters

Russia confirms sale of S-400 missile systems to Saudi Arabia

An agreement was reached with the Kingdom of Saudi Arabia to supply S-400 air defense systems, Kornet-EM anti-tank missiles, TOS-1A systems, automatic AGS-30 grenade launchers, AK-103 [export version of the AK-47] Kalashnikov assault rifles. According to business daily Kommersant, the new arms contracts with Saudi Arabia are worth more than $3 billion, $2 billion of which will be spent by Saudis on the S-400.

(09/10/2017)
Source : RT

Turkey’s Military to utilize artificial intelligence for counterterrorism

Turkish air defense and software company HAVELSAN will introduce a state-of-the-art defense system that will incorporate the use of artificial intelligence to recognize faces and license plates to gather data and personal information to prevent terrorist attacks.

(01/10/17)
Source : Dailysabah

British Caterpillar offers engine support for domestically developed Altay tank of Turkey

It is stated that the British company proposed a new generation “CV12” type engine for use in the Altay tank. The British authorities also noted that they regard the production of this engine in Turkey positively. The same engine is also used in the Challenger tanks produced for the British army.

(18/09/17)
Source : Dailysabah

War Geoeoconomics Team was established in October 2016 in the Defence Affairs Sector at the Institute of International Relations. It’s purpose is to present an interdisciplinary approach of Defense Economics in the fields of International Relations and Geopolitics