• 4 minutes Trump has changed into a World Leader
  • 7 minutes China's Economy and Subsequent Energy Demand To Decelerate Sharply Through 2024
  • 8 minutes Indonesia Stands Up to China. Will Japan Help?
  • 10 minutes US Shale: Technology
  • 13 minutes Which emissions are worse?: Cows vs. Keystone Pipeline
  • 14 minutes What's the Endgame Here?
  • 17 minutes Shale Oil Fiasco
  • 3 hours We're freezing! Isn't it great? The carbon tax must be working!
  • 39 mins Boris Johnson taken decision about 5G Huawei ban by delay (fait accompli method)
  • 2 hours Might be Time for NG Producers to Find New Career
  • 3 hours Prototype Haliade X 12MW turbine starts operating in Rotterdam
  • 18 hours Beijing Must Face Reality That Taiwan is Independent
  • 3 hours Phase One trade deal, for China it is all about technology war
  • 54 mins Environmentalists demand oil and gas companies *IN THE USA AND CANADA* reduce emissions to address climate change
  • 2 hours Wind Turbine Blades Not Recyclable
  • 3 hours Swedes Think Climate Policy Worst Waste of Taxpayers' Money in 2019
  • 2 hours Denmark gets 47% of its electricity from wind in 2019
Civil Unrest Threatens Miners Across The Globe

Civil Unrest Threatens Miners Across The Globe

Across the globe, civil unrest…

A Worrying Sign For U.S. Shale

A Worrying Sign For U.S. Shale

After years of adding drilled…

Iranian Hackers Step Up Attacks On Energy Firms

hackers

Iranian cybercrime group APT33 has stepped up its attacks on a variety of companies in the Persian Gulf, including energy firms, The National reports, citing research from security company FireEye.

The National notes that there is wide belief that the hacker group is linked to the government in Tehran and adds that the attacks became more frequent after President Trump pulled the Untied States out of the Joint Comprehensive Plan of Action, more commonly known as the Iran nuclear deal.

As an example of the step-up in attacks from APT33, FireEye describes a spear phishing attack against companies in the Gulf, disguised as an email from an oil and gas company from the region. Phishing attacks as a rule aim to trick recipients into clicking a malicious link and inadvertently sharing sensitive information with the attackers.

The National quoted a FireEye official as saying the hacker group likely targeted energy industry companies because of the impact U.S. sanctions are having on its own energy industry. Although the executive declined to give any specific numbers with regard to the attacks, Alister Shepherd noted that the increase had been tenfold, adding that most of the attacks took place during days coinciding with the Iranian week. “Its operatives primarily worked “Saturday through Wednesday…which fits with the Iranian week. When it happens consistently over time that’s a strong indicator.”

Shepherd went on to say he expected the number of attacks to continue growing as the effects of the sanctions begin to bite more deeply.

Bloomberg yesterday reported that Iranian oil exports had dropped by 35 percent since May, when Trump withdrew from the nuclear deal, and further declines are on the way. This will hit the Iranian economy hard as, according to the IMF, oil revenues account for as much as 80 percent of Iran’s tax revenue.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage


Leave a comment
  • JACK MA on September 19 2018 said:
    Iran is a great nation full of nationalism and culture and great family values and great food. They are not using the dollar and this is the reason we see so much false propaganda about this great nation that merely wants to maintain it's independence and sovereignty from the dollar hegemony/slavery. The American people are wising up now and no longer buying into this axis of evil propaganda about Iran but also Russia and China. Perhaps it is really the USA that is the true axis of evil or should I say the USA fiat worthless paper dollar backed only by USA bombs. It is time to see the truth now. Please keep a open mind and do your own research and perhaps you will see what great nations we are trying to destroy for all the wrong reasons. IMHO

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play