Advancing the European response to nation-state cyber-attacks

Europe: Microsoft offers Europe cyber security service ‘AccountGuard’ to protect region from continued Russia cyber threats

Microsoft Corp on Wednesday said it will offer its cyber security service AccountGuard to 12 new markets in Europe including Germany, France and Spain, to close security gaps and protect customers in political space from hacking.
Microsoft offers Microsoft AccountGuard to twelve new markets across Europe, providing comprehensive threat detection and notification to eligible organizations at no additional cost and customized help to secure their systems

Microsoft Corp on Wednesday said it will offer its cyber security service AccountGuard to 12 new markets in Europe including Germany, France and Spain, to close security gaps and protect customers in political space from hacking. 

(Reuters) (AIWA! NO!)- Microsoft Corp on Wednesday said it had discovered hacking targeting democratic institutions, think tanks and non-profit organizations in Europe and plans to offer a cyber security service to several countries to close security gaps.

The attacks occurred between September and December 2018, targeting employees of the German Council on Foreign Relations and European offices of The Aspen Institute and The German Marshall Fund, the company said here in a blog post.

Microsoft discovers hacking targeting democratic institutions in Europe

Microsoft said the activity, which was found through the company’s Threat Intelligence Center and Digital Crimes Unit, targeted 104 employee accounts in Belgium, France, Germany, Poland, Romania, and Serbia.

Advancing the European response to nation-state cyber-attacks

Microsoft said many of the attacks originated from a group called Strontium, which the company has previously associated with the Russian government.

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Welcome to the EU Policy Blog, Microsoft's platform for sharing insights on the issues impacting Europe in the digital age. This is a forum to discuss the ...
The Official Microsoft Blog – MicrosoftWelcome to the EU Policy Blog, Microsoft’s platform for sharing insights on the issues impacting Europe in the digital age. This is a forum to discuss the …

Strontium, one of the world’s oldest cyber espionage groups, has also been called APT 28, Fancy Bear, Sofancy and Pawn Storm by a range of security firms and government officials. Security firm CrowdStrike has said the group may be associated with the Russian military intelligence agency GRU.

Microsoft said it will expand its cyber security service AccountGuard to 12 new markets in Europe including Germany, France and Spain to help customers secure their accounts.

The AccountGuard service will also be available in Sweden, Denmark, Netherlands, Finland, Estonia, Latvia, Lithuania, Portugal and Slovakia.

Ahead of a critical European Parliament election in May, German officials are trying to bolster cyber security after a far-reaching data breach by a 20-year-old student laid bare the vulnerability of Europe’s largest economy.

Reporting by Shubham Kalia and Ishita Chigilli Palli in Bengaluru, Editing by Sherry Jacob-Phillips, Bernard Orr

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The European Union (EU) has introduced retaliatory tariffs on US goods as a top official launched a fresh attack on President Donald Trump's trade policy.

President Trump’s Steel Tariffs Have Forced the EU to Launch Quotas on Steel Imports

Image result for Trump's Steel Tariffs Have Forced the EU to Launch Quotas on Steel Imports

Image copyrightGETTY IMAGESImage captionAngela Merkel says she is concerned about President Trump’s decision to impose new tariffs
BY DAVID MEYER, FORTUNE

AIWA! NO!|One predictable effect of President Donald Trump’s imposition of wide-ranging steel tariffs is that there’s a glut of steel in the market that isn’t going into the U.S. A lot of cheap steel has been flooding into the European Union, so the EU is now acting to stem the flow.

The EU started looking at its options in March last year and adopted provisional safeguards four months later. On Saturday, it will impose quotas in order to protect steel producers in Germany, Italy, Spain, Poland, France, Slovakia and Slovenia, who are less than keen on having foreign steel dumped on their turf at low prices.

Surrounded by steel and aluminum workers, President Trump holds up the order on steel imports that he signed in Roosevelt Room at the White House on Thursday.
Chip Somodevilla/Getty Images

Surrounded by steel and aluminum workers, President Trump holds up the order on steel imports that he signed in Roosevelt Room at the White House on Thursday.
Chip Somodevilla/Getty Images

In effect, Trump’s tariffs has led the EU to take its own; his protectionism forced theirs.

The quotas, which will progressively increase, cover 26 categories of steel products where imports have been rising in recent years. They will run until mid-2021, unless circumstances change. Imports going above the quotas will incur a 25% tariff.

In regulation published Friday, the European Commission warned that the EU steel industry was “in a fragile situation and under the threat of serious injury if the increasing trend in imports continued with the ensuing price depression and profitability drop below sustainable levels.”

Of course, the U.S. has also imposed tariffs on EU steel, limiting the export potential for European producers.

As noted by Reuters, EU steel producers may favor the quotas, but European automakers have called them protectionist.