Drones are taking off like a bad investment strategy – explosive returns for terrorists, but a crash landing for global security and economies.
Russian E-commerce Giant Under Siege: Economic Consequences Could be Devastating Attack on Wildberries e-commerce platform in Ukraine can trigger massive economic shock. The largest Russian online retailer, Wildberries, has been targeted by at least 15 Ukrainian attacks over the past week. According to Ukraine, the company is being used for the distribution of drone components and other military equipment. Wildberries was founded in 2004 and has since become one of Russia's most important companies with 80 million customers. The e-commerce platform is equivalent to Amazon in Russia. Russian volunteers have raised funds to purchase equipment via Wildberries, including medical products and protective gear. However, the Russian government has described the attacks as terrorist acts. Attacks on Wildberries can have a significant impact on the Russian banking system. The company is heavily indebted with debts of over $1.6 trillion. If Wildberries cannot pay its debts, it could harm banks negatively. If these attacks are spread to Russian banks, they could indeed have an exponential effect, says a researcher in military science at the Military Academy. See article on SVT News.
German Airports Under Threat as Drone Carrying Explosives Soared Towards Ukrainian Plane Germany hit by drone-based attacks. A drone was found on a Leipzig airport late Tuesday and appears to have been loaded with explosives. However, according to the Interior Minister Alexander Dobrindt it is disarmed. There are no reports of who is behind the bomb. German security agencies have classified the incident as an attempted attack and NATO has been notified. A professor in defense systems points out that the situation remains unclear but a drone with explosives appears to have targeted a Ukrainian aircraft. Europe has been aware of the risk of such attacks, and Professor Hans Liwång believes that the event is not linked to the recent attacks in Moscow. See article on SVT News.