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World

Multiple oil transport and storage companies across Europe hit by cyber-attacks

Multiple oil transport and storage companies across Europe are dealing with cyber-attacks. IT systems have been disrupted at Oiltanking in Germany, SEA-Invest in Belgium and Evos in the Netherlands. In total dozens of terminals with oil storage and transport around the world have been affected, with firms reporting that the attacks occurred over the weekend. […]

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Tech World

Global ransomware attacks increased 151% in the first half of this year, Canada’s spy agency

Global ransomware attacks increased by 151 percent in the first half of 2021 compared with 2020, Canada‚Äôs signals intelligence agency reported. Key Canadian infrastructure has regularly been targeted in ransomware attacks in which hackers essentially hold computer information hostage until they are paid, the Communications Security Establishment (CSE) said in a report published on Monday. […]

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World

Colonial Pipeline resumes operations after shutdown due to cyber-attack

Colonial Pipeline, the biggest fuel pipeline in the United States resumed operations on Wednesday evening after a five-day closure. A ransomware cyber-attack forced the company to shut down the main part of its network on Friday. The 8,900km pipeline usually carries 2.5 million barrels a day on the East Coast. The closure saw supplies tighten […]

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World

United States braces for fuel shortage, price hike after fuel pipeline cyber-attack

The United States government issued an emergency legislature on Sunday after the nation’s largest fuel pipeline was hit by a ransomeware attack. The Colonial Pipeline carries about 2.5 million barrels each day, which makes 45% of the East Coast’s supply of diesel, gasoline and jet fuel. The attack completely knocked off the supply since Friday. […]

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World

Cyber attack in the United States briefly shuts down operations of fuel pipeline

A cyber attack temporarily shut down one of the US’ largest pipelines on Friday, highlighting already heightened concerns over the vulnerabilities in the nation’s critical infrastructure. The operator, Colonial Pipeline, said on Saturday that the incident involves ransomware. The attack comes amid rising concerns over the cybersecurity vulnerabilities in America’s critical infrastructure following recent incidents, […]