Tag: energy cybersecurity
Ukrainian Hacks Accounts to Mine $2M in Crypto – January 15th
A now arrested Ukrainian-based hacker infiltrated cloud-computing accounts to create over 1M virtual servers to mine $2M worth of cryptocurrencies, Europol announced. The Europol investigation shed light on the dangers behind cloud computer hijacking campaigns used for large-scale illicit crypto mining.
Top 10 US energy firms hit by 3rd-party attacks
Nine out of ten of the world’s leading energy companies, including the top ten US energy companies, experienced a third-party data breach sometime in the last 12 months. According to cybersecurity ratings company Security Scorecard, while only four percent of leading energy companies worldwide suffered a direct data breach, most were compromised via a supplier, contractor, or other third-party organization. “Fueling the global economy and daily life, reliance on the energy sector elevates it as a prime target for cyberattacks. Amid economic and political uncertainties, concerns about safeguarding this vital sector intensified. Energy attacks not only result in financial losses and disruptions but ripple through manufacturing, healthcare, and transportation sectors,” says Security ScoreCard.