Cypress Cyber Consulting

Ukraine's Cyber Past, Present, and Future

Ukraine has a complicated history when it comes to cybercrime. On the one hand, the country has been a victim of some of the most significant cyber attacks in recent years. On the other hand, Ukraine has been identified as the source of many cyber attacks, including some of the most infamous and damaging in history.

In 2015 and 2016, Ukraine was hit by two massive cyber attacks that caused widespread disruption to critical infrastructure. The first attack targeted the country’s power grid, causing a blackout that affected over 225,000 people. The second attack targeted Ukraine’s financial system, causing chaos for banks and other financial institutions. Both attacks were attributed to Russian state-sponsored hackers, and they demonstrated the vulnerability of Ukraine’s critical infrastructure to cyber attacks.

However, Ukraine is not just a victim of cyber attacks. The country has also been identified as the source of several high-profile cyber attacks, including the NotPetya attack of 2017. NotPetya was one of the most destructive cyber attacks in history, causing billions of dollars in damage to businesses around the world. The attack was attributed to a group of Ukrainian hackers known as SandWorm, who are believed to have links to the Russian government.

Despite these incidents, Ukraine has also developed a thriving cybersecurity industry. The country is home to several cybersecurity startups, and it has a well-established network of cybersecurity professionals. Ukraine’s location at the crossroads of Europe and Asia also makes it an attractive location for companies looking to outsource their cybersecurity needs.

Looking to the future, Ukraine’s cyber capabilities are likely to continue to grow. The country’s cybersecurity industry is expected to expand, and the government has taken steps to improve the country’s cybersecurity infrastructure. However, Ukraine’s proximity to Russia, combined with the ongoing conflict, means that the country is likely to remain a target for state-sponsored cyber attacks.

In conclusion, Ukraine’s history with cybercrime is complex, with the country being both a victim and a perpetrator of cyber attacks. While Ukraine has developed a thriving cybersecurity industry, it remains vulnerable to state-sponsored cyber attacks and must continue to improve its cybersecurity infrastructure to protect itself from future attacks.

About the Author

Safi Mahmood

CEO

Visionary strategist with progressive experience in information security management, end-to-end solution design/architecture, governance, and infrastructure planning for large enterprises within various industries. Transformational leader recognized for leveraging technology as a driving force to maximize profitability and longstanding business growth. Expert in translating evolving industry risks in ambitious technology roadmaps while synergizing people, procedures, and technology around proactive defense. Thought leader capable of motivating high-performing teams to maximize productivity, while forming cohesive multigenerational team environments.