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An Urgent Need for Cybersecurity

Kiplinger's Personal Finance

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June 2022

In June 2017, Russian hackers launched a malware attack on Ukraine called NotPetya. The attack, which locked users out of their own files unless they paid a ransom in bitcoin, was just one more tactic in the conflict between the two nations that had begun three years earlier. But viruses don’t respect borders, and this one spread far beyond Ukraine.

- James K. Glassman

An Urgent Need for Cybersecurity

It infected computers in Europe and the U.S., and even in Russia itself. Mondelez, the giant global food company headquartered in Chicago, was hit hard. NotPetya disrupted e-mail and logistics and caused $100 million in damage. The White House called it “the most destructive and costly cyberattack in history.” Total international destruction: $10 billion.

Nearly five years later, the Russians have invaded Ukraine and war is raging. Experts had been expecting more cyber devastation, but so far Russia has not knocked out Ukraine’s power grid or other important infrastructure. “I think the biggest surprise to date has been the lack of success for Russia with cyberattacks against Ukraine,” Stephen Wertheim, a senior fellow at the Carnegie Endowment for International Peace, told Vox.

It’s not from lack of trying. The U.S. government’s Cybersecurity & Infrastructure Security Agency issued an alert disclosing that leading up to its invasion, Russia “deployed destructive malware against organizations in Ukraine to destroy computer systems and render them inoperable.”

FLERE HISTORIER FRA Kiplinger's Personal Finance

Kiplinger's Personal Finance

Kiplinger's Personal Finance

A Helping Hand for the Homeless

This nonprofit offers shelters, job programs, support in finding a home and more.

time to read

2 mins

January 2026

Kiplinger's Personal Finance

Kiplinger's Personal Finance

Downsizing Advice, Part II

My column on downsizing (see “Living in Retirement,” Oct.) struck a chord with readers. I heard from many who offered advice on successfully culling clutter.

time to read

2 mins

January 2026

Kiplinger's Personal Finance

WHY COMPANY GUIDANCE MATTERS

Understanding how corporate profit forecasts affect analysts' estimates and stock ratings can help you make investment decisions.

time to read

4 mins

January 2026

Kiplinger's Personal Finance

Kiplinger's Personal Finance

WHAT SCIENCE REVEALS ABOUT MONEY AND A HAPPY RETIREMENT

Whether you're still planning or already retired, these research-based insights point the way to your best post-work life.

time to read

12 mins

January 2026

Kiplinger's Personal Finance

Kiplinger's Personal Finance

WHAT TO KNOW ABOUT FLOOD INSURANCE

Even if your home is outside a high-risk area, you may want to purchase coverage.

time to read

2 mins

January 2026

Kiplinger's Personal Finance

Kiplinger's Personal Finance

My Retirement Learning Curve

THE NEW WORLD OF RETIREMENT

time to read

2 mins

January 2026

Kiplinger's Personal Finance

Kiplinger's Personal Finance

CREATE A FINANCIAL PLAN WITH THESE TOOLS

Online programs for do-it-yourselfers are better than ever-and they're affordable, too.

time to read

9 mins

January 2026

Kiplinger's Personal Finance

Kiplinger's Personal Finance

2026 MONEY CALENDAR

These key dates and tips will help you make the most of your money in the new year.

time to read

7 mins

January 2026

Kiplinger's Personal Finance

Should You Renew Your CD?

AFTER you put money in a certificate of deposit, you can sit back while it collects interest over its term. Once it reaches maturity, you'll face a decision: renew it or withdraw the funds.

time to read

1 mins

January 2026

Kiplinger's Personal Finance

Kiplinger's Personal Finance

GIVING THE BULL THE BENEFIT OF THE DOUBT

KIPLINGER: What do you see ahead for financial markets in 2026? Do you have a target price for the S&P 500?

time to read

5 mins

January 2026

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