• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 5 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days Does Toyota Know Something That We Don’t?
  • 6 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 3 days World could get rid of Putin and Russia but nobody is bold enough
  • 2 days America should go after China but it should be done in a wise way.
  • 6 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 5 days China is using Chinese Names of Cities on their Border with Russia.
  • 6 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 5 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 6 days Putin and Xi Bet on the Global South
  • 6 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
  • 7 days United States LNG Exports Reach Third Place
  • 7 days Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 11 days huge-deposit-of-natural-hydrogen-gas-detected-deep-in-albanian-mine
Will OPEC Increase Production?

Will OPEC Increase Production?

Even though the IEA cut…

Italian Oil Major Becomes Victim Of Ransomware Attack

Italian oil major Eni reported a cyberattack on its computer networks on Wednesday. The attack appeared to be a ransomware attempt that has dealt only minor damage according to the Italian company.

A company representative told Bloomberg News on Wednesday that “Eni confirms that the internal protection systems have detected unauthorized access to the company network in recent days,”.

Cybercrime syndicates are increasingly using ransomware to attack companies in the energy sector as continuity of service is extra important for energy companies. Often, energy firms are prepared to pay ransom in order to quickly resume operations.

Earlier this month, Luxembourg-based energy company Encevo came under attack by a ransomware gang that was closely affiliated with the group that executed last year’s attack on the Colonial Pipeline operator, a cyberattack that brought down the largest fuel pipeline in the U.S.

While the cyberattack on pipeline operator and electricity supplier Encevo didn’t lead to disruptions in power deliveries, RTL Luxembourg reported that data from its customers has ended up on the dark web and that the company has struggled for weeks to bring its systems back to normal operations.

Cybercrime gangs such as ‘Black Cat’, ALPHV and DarkSide are mostly driven by financial motives -80 percent of organizations impacted by ransomware attacks have paid the ransom to regain access to corporate data according to Kapersky, a cybersecurity company -  other hackers are driven by ideology or incentivized by rival states. The amount of cyberattacks and data breaches in Central and Eastern European countries such as Moldova, Montenegro, Estonia, and Slovenia last month raises the question of whether state actors are behind the attacks.

While governments are increasingly aware of the risks and have been working to develop effective protocols to respond to cyberattacks, energy companies are still not doing enough to protect themselves from cyberattacks and data breaches. Energymonitors’ Justin Gerdes writes that while budgets for cybersecurity are increasing within the energy industry, the topic is not yet a strategic priority.

The consequences of today’s cyberattack against Eni’s systems appear to be ‘minor’, but the threat to the energy global energy industry only seems to be growing.

By Tom Kool for Oilprice.com

ADVERTISEMENT

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News