Eight cybersecurity authorities from the so-called "Five Eye" nations (United States, United Kingdom, Australia, Canada and New Zealand) released a joint statement on Thursday warning that more malicious cyber activity is on the way as Russia's invasion of Ukraine continues to impact geopolitical stability.

Before we look at the statement in any depth, an important five-pronged caveat is needed: both the US and the UK are among the primary antagonists in NATO's ongoing war with Russia; they both have significant offensive cyber war capabilities of their own; US intelligence agencies, at Obama's behest, have drawn up a list of potential overseas targets for cyber attacks; both countries have  surreptitiously conducted vast surveillance programs, targeting not only their own populations but also citizens and government leaders of other countries; and the world right now is in the grip of the biggest information war of this century.

By: Mini Cboe Vix Futures

Make volatility work to your advantagAs such, any information coming out of the Five Eyes' intelligence services should be treated with a healthy dose of skepticism. That having been said, here are the first three paragraphs of the missive:

The cybersecurity authorities of the United States, Australia, Canada, New Zealand, and the United Kingdom are releasing this joint Cybersecurity Advisory. The intent of this joint CSA is to warn organizations that Russia's invasion of Ukraine could expose organizations both within and beyond the region to increased malicious cyber activity. This activity may occur as a response to the unprecedented economic costs imposed on Russia as well as materiel support provided by the United States and U.S. allies and partners.