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Kevin Mandia’s 10 Scariest Statements At FireEye Cyber Defense Summit

FireEye CEO Kevin Mandia dishes on why deepfakes will erode public confidence, why researchers are struggling to find the initial victim of cyberattacks, and why cyber espionage is here to stay.

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9. “There are few risks or repercussions for the folks on offense”

The industry has seen a shift from no risks or repercussions for adversaries to a few as the United States started indicting the hackers involved in unlawful operations, Mandia said. The U.S. indicted threat actors on five separate occasions last year, Mandia said, including the North Korean actors behind the WannaCry ransomware and the Bank of Bangladesh hack.

As a result of the indictments, Mandia said that investigative findings by the FBI and other government agencies are now being made public. Although Mandia isn’t convinced that the indictments have changed the hacker’s behavior, he’s pleased that Western nations are more thoughtfully considering what they can do with the evidence they’ve compiled.

“We can pierce anonymity behind the folks causing harm on the internet and breaking what we think should be the acceptable rules of engagement,” Mandia said. “We may not get to the people who did it, but the world’s being put on notice.”

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