North Korean Hackers Breached Top Russian Missile Maker NPO Mashinostroyeniya
Portfolio Pulse from Charles Gross
North Korean hackers have reportedly breached NPO Mashinostroyeniya, a top Russian missile maker. The potential implications of this cyber attack are yet to be fully understood.
August 07, 2023 | 9:51 am
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NEGATIVE IMPACT
The breach of a Russian missile maker by North Korean hackers could potentially escalate geopolitical tensions, which may negatively impact South Korean markets and ETFs like EWY.
Geopolitical tensions often lead to market volatility. As North Korea is in close proximity to South Korea, any escalation could negatively impact South Korean markets and ETFs like EWY.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The breach could potentially escalate geopolitical tensions, which may lead to market volatility and impact US markets and ETFs like SPY.
Geopolitical tensions often lead to market volatility. As the US is a global superpower, any escalation could impact US markets and ETFs like SPY.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
The breach of a Russian missile maker by North Korean hackers could potentially escalate geopolitical tensions, which may negatively impact European markets and ETFs like VGK.
Geopolitical tensions often lead to market volatility. As Russia is part of Europe, any escalation could negatively impact European markets and ETFs like VGK.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60