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Free AccessSchiff Warns Of Cyber Attacks
Rep Adam Schiff (D-CA) chair of the House Intelligence Committee has spoken on the current state of the war in Ukraine:
- Schiff: “Civilians are being killed. We must provide Ukraine what it needs to defend itself. We need to dramatically escalate the sanctions to the largest banks in Russia. We need to wean Europe off Russian energy and gas and [enforce] the final death of Nord Stream 2.”
- The extent of sanctions will be revealed shortly. President Biden is scheduled to address the nation at 12:30 ET 17:30 GMT.
- On the current state of the military situation in Ukraine Schiff said: “[It’s] Hard for us to evaluate. it’s a terrible mismatch. Russia has the ability to overwhelm Ukrainian defences.”
- Schiff says there is currently no evidence of cyber-attacks in US. But “Russian tools in the cyber realm may not stay in Ukraine. They get into the wild”.
- This echoes President Biden’s remarks yesterday which warned that US businesses should be prepared for cyber-attacks.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.