Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
African swine fever, which has already ravaged pig herds in China and pushed up food prices there, could also drive up inflation in the other emerging markets, according to...Asia Economyread more
Consumer goods giant Unilever has taken the unusual step of having some of its marketing staff read their own DNA profiles to see whether finding out about their heritage has...Marketing.Media.Moneyread more
Stocks in Asia were mixed on Monday as investors await a U.S. Federal Reserve meeting set to happen later in the week stateside.Asia Marketsread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
U.S. ambassador to Israel David Friedman called the gesture a "birthday present" to Trump, who turned 73 on Friday.Politicsread more
The outlook for Germany's economy and political stability are more uncertain than ever, writes Michael Ivanovitch.World Economyread more
The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general...Bondsread more
The most dangerous nation for cyber threats is Iran, Saudi Foreign Minister Adel Al-Jubeir told CNBC on Sunday, saying that the country had been attacked "repeatedly" by its adversary.
Asked who he believed was the greatest single threat in terms of cyber attacks, Al-Jubeir was unequivocal.
"The most dangerous nation behind cyber attacks? Iran," Al-Jubeir said.
"Iran is the only country that has attacked us repeatedly and tried to attack us repeatedly. In fact they tried to do it on a virtually weekly basis."
Al-Jubeir's statement was not surprising, given the mounting animosity between the Sunni monarchy and the Shia Islamic republic. The Iranian government did not respond to a request for response to Al-Jubeir's comments, but it has denied accusations of aggression in the past.
Speaking at the sidelines of the Munich Security Conference, the foreign minister repeatedly criticized Iran for what he called "mischievous behavior" in the region, with particular reference to its support for Shia militant group Hezbollah, which holds influence in Lebanon and elsewhere in the Middle East.
The Sunni monarchy's interests have for decades been diametrically opposed to Iran's, but the past year has seen tensions escalate particularly against a backdrop of proxy conflicts in Yemen and Syria.
Al-Jubeir said his country was taking steps to combat the perceived cyber threat from Iran.
"We are taking all the steps necessary to provide defenses for our data banks and for our internet and so forth. And we are also taking steps necessary to train our own people in order to be able to engage in offensive operations to make it hopefully impossible for people to penetrate those systems," he said.
Though the minister did not offer specific examples for his claim, cyber experts have pointed to what they see as Iran's increasingly sophisticated cyber-espionage capabilities.
Last September, the U.S. Treasury Department added two Iran-based hacking networks and eight individuals to a U.S. sanctions list, accusing them of taking part in cyber-enabled attacks on the U.S. financial system in 2012 and 2013, Reuters reported. Iran denied any role in the cyber attacks although it has also been linked to cyber attacks closer to home too.
Hackers believed to be linked to the Iranian government attacked Saudi state oil giant Aramco in 2012, successfully wiping 30,000 computers and paralyzing operations.
In addition, security experts have traced a number of subsequent attacks back to Iran, including hacks on Saudi and Western aerospace and petrochemical companies. Cyber security firm FireEye has said it detected coding containing Farsi references in the malware that hackers left behind.
Ever since the Stuxnet virus that destroyed the computer-controlled equipment at Iran's Natanz Uranium Enrichment Facility in 2011, Iran's cyber capabilities are said to have developed at an incredibly fast pace.
FireEye in September 2017 named a hacker group it believed was behind recent attacks on Saudi, U.S. and South Korean aviation and oil firms as "APT33" and said it was preparing for attacks that could cripple entire computer networks. "Iranian fingerprints are all over this campaign, and government fingerprints in particular," FireEye's director of cyber espionage analysis was quoted as telling Reuters.
Iran neither confirmed nor denied accusations that it was behind the attacks.
Cyber security has been a major focus of the Munich Security Conference, which has brought together more than 450 senior decision makers and heads of state to discuss current and future threats to international stability.