Quarterly Trends Report

Q4 2020: cyber security and space high on US defence radar

  • Multi Asset
  • Industrials
  • North America

With digital capabilities now integral to nearly all facets of life, and new and continued political tensions from both within and outside the US, the need for the defence industry to be agile, forward-thinking and resilient is stronger than ever. Third Bridge Forum spoke to industry experts with experience at Northrop Grumman Corporation, The Boeing Co and Raytheon Co to understand the evolving risk landscape and the sector’s strategic priorities, with US cyber security and space among the high-priority areas in 2021.

One of the most challenging aspects of cyber warfare is that it can take a long time for it to become apparent that an attack is happening — or has happened. The recent SolarWinds attack — widely reported as one of the biggest cyber-espionage incidents to date — compromised thousands of systems, many of which belonged to US departments. It was identified in December 2020 but is believed to have started as far back as March, a stark reminder of how attacks can remain undetected for months, and that cyber risk extends to software supply chains. 

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