The China Mail - European oil port terminals hit by cyberattack

USD -
AED 3.6725
AFN 66.000108
ALL 83.901353
AMD 382.570077
ANG 1.789982
AOA 916.999801
ARS 1450.724808
AUD 1.534696
AWG 1.8025
AZN 1.69797
BAM 1.701894
BBD 2.013462
BDT 121.860805
BGN 1.69918
BHD 0.377041
BIF 2951
BMD 1
BND 1.306514
BOB 6.907654
BRL 5.361505
BSD 0.999682
BTN 88.718716
BWP 13.495075
BYN 3.407518
BYR 19600
BZD 2.010599
CAD 1.409215
CDF 2221.000153
CHF 0.80857
CLF 0.024076
CLP 944.483424
CNY 7.126749
CNH 7.124445
COP 3834.5
CRC 501.842642
CUC 1
CUP 26.5
CVE 96.374996
CZK 21.140968
DJF 177.72029
DKK 6.479905
DOP 64.296439
DZD 130.854023
EGP 47.330044
ERN 15
ETB 153.125036
EUR 0.86811
FJD 2.2795
FKP 0.766404
GBP 0.764305
GEL 2.715031
GGP 0.766404
GHS 10.924986
GIP 0.766404
GMD 73.509182
GNF 8691.000271
GTQ 7.661048
GYD 209.152772
HKD 7.774705
HNL 26.35987
HRK 6.539017
HTG 130.911876
HUF 335.563972
IDR 16696.1
ILS 3.257715
IMP 0.766404
INR 88.621799
IQD 1310
IRR 42112.499493
ISK 127.610373
JEP 0.766404
JMD 160.956848
JOD 0.708971
JPY 153.642986
KES 129.19854
KGS 87.449835
KHR 4026.999604
KMF 428.000324
KPW 900.033283
KRW 1446.10203
KWD 0.30709
KYD 0.83313
KZT 525.140102
LAK 21712.50351
LBP 89550.000099
LKR 304.599802
LRD 182.625009
LSL 17.37969
LTL 2.95274
LVL 0.60489
LYD 5.454987
MAD 9.302002
MDL 17.135125
MGA 4499.99989
MKD 53.533982
MMK 2099.044592
MNT 3585.031206
MOP 8.006805
MRU 38.250003
MUR 46.000322
MVR 15.405
MWK 1735.999682
MXN 18.58065
MYR 4.1825
MZN 63.96023
NAD 17.379867
NGN 1441.160333
NIO 36.770147
NOK 10.174201
NPR 141.949154
NZD 1.765395
OMR 0.384511
PAB 0.999687
PEN 3.376498
PGK 4.215987
PHP 58.922004
PKR 280.849885
PLN 3.69217
PYG 7077.158694
QAR 3.640972
RON 4.413295
RSD 101.779005
RUB 81.353148
RWF 1450
SAR 3.750456
SBD 8.223823
SCR 13.740975
SDG 600.441137
SEK 9.53742
SGD 1.305045
SHP 0.750259
SLE 23.198831
SLL 20969.499529
SOS 571.503834
SRD 38.558031
STD 20697.981008
STN 21.45
SVC 8.747031
SYP 11056.895466
SZL 17.379605
THB 32.368036
TJS 9.257197
TMT 3.5
TND 2.959469
TOP 2.342104
TRY 42.11808
TTD 6.775354
TWD 30.903499
TZS 2459.806976
UAH 42.064759
UGX 3491.230589
UYU 39.758439
UZS 11987.500677
VES 227.27225
VND 26314.5
VUV 122.169446
WST 2.82328
XAF 570.814334
XAG 0.020505
XAU 0.000249
XCD 2.70255
XCG 1.801656
XDR 0.70875
XOF 570.495095
XPF 104.150276
YER 238.497322
ZAR 17.35745
ZMK 9001.197493
ZMW 22.392878
ZWL 321.999592
  • RBGPF

    0.0000

    76

    0%

  • SCS

    0.0600

    15.93

    +0.38%

  • BCC

    0.9700

    71.38

    +1.36%

  • CMSC

    0.2400

    23.83

    +1.01%

  • BCE

    0.1000

    22.39

    +0.45%

  • NGG

    0.2300

    75.37

    +0.31%

  • JRI

    0.0700

    13.77

    +0.51%

  • GSK

    -0.1300

    46.69

    -0.28%

  • RIO

    1.1700

    69.06

    +1.69%

  • BTI

    0.9000

    53.88

    +1.67%

  • RYCEF

    0.1500

    15.1

    +0.99%

  • VOD

    0.0700

    11.27

    +0.62%

  • CMSD

    0.1900

    24.01

    +0.79%

  • RELX

    0.2800

    44.58

    +0.63%

  • AZN

    -0.8800

    81.15

    -1.08%

  • BP

    0.5600

    35.68

    +1.57%

European oil port terminals hit by cyberattack
European oil port terminals hit by cyberattack

European oil port terminals hit by cyberattack

Major oil terminals in some of Western Europe's biggest ports have fallen victim to a cyberattack at a time when energy prices are already soaring, sources confirmed on Thursday.

Text size:

Belgian prosecutors have launched an investigation into the hacking of oil facilities in the country's maritime entryways, including Antwerp, Europe's second biggest port after Rotterdam.

In Germany, prosecutors said they were investigating a cyberattack targeting oil facilities in what was described as a possible ransomware strike, in which hackers demand money to reopen hijacked networks.

Oil prices hit a seven-year high last month amid diplomatic tensions with gas supplier Russia, and energy bills are fuelling a rise in inflation that has spooked European policymakers.

According to a specialised broker, the alleged hacking is affecting several European ports and is disrupting the unloading of barges in this already strained market.

"There was a cyberattack at various terminals, quite some terminals are disrupted," said Jelle Vreeman, senior broker at Riverlake in Rotterdam.

"Their software is being hijacked and they can't process barges. Basically, the operational system is down," he said.

The EU's Europol police agency said it was aware of the incidents in Germany and had offered support to authorities.

"At this stage the investigation is ongoing and in a sensitive stage," Europol spokeswoman Claire Georges said.

One of the main victims seems to be the cross-border Dutch and Belgian Amsterdam-Rotterdam-Antwerp oil trading hub, where company IT systems were affected by the attack.

SEA-Tank Terminal, which has storage facilities in Antwerp, was hit, Belgian daily De Morgen reported.

The Dutch National Cyber Security Centre said the attacks were "probably committed with a criminal motive" and pledged to take further action "if necessary".

- 'Not grave' -

In Germany, two oil supply companies said they were victim to the cyberattack since Saturday January 29.

Both Oiltanking Deutschland GmbH and Mabanaft declared force majeure, an emergency legal clause that is used when a company cannot fulfil its supply contracts because of an unforeseeable event, a joint statement said.

"We are committed to resolving the issue and minimising the impact as quickly and effectively as possible," they said.

The head of Germany's IT security agency, Arne Schoenbohm, said at a conference on Tuesday that the incident was serious but "not grave", German media reports said.

According to the German newspaper Handelsblatt, an initial report from German security services identifies the BlackCat ransomware as the tool used in the cyberattack in Germany.

BlackCat emerged in mid-November 2021 as a software tool to allow hackers to seize control of target systems and has quickly gained notoriety for its sophistication and innovation.

According to US cybersecurity firm PaloAlto, BlackCat has the added advantage of being more lucrative than its rivals for the hackers who use it -- other ransomware platforms usually take a higher commission.

The experts also note that BlackCat's programmers use the Russian language, but this clue could be misleading since hackers often leave false clues to cover their tracks.

Recent ransomware attacks against targets in the United States and other western countries have been blamed on Russian-speaking hacker groups or those operating from Russian territory.

In June, US authorities said they had recovered a ransom payment paid by Colonial Pipeline to Russia-based ransomware extortionists Darkside, who had forced the shutdown of a major fuel network.

The attack caused short-term fuel shortages and drew attention to the broader threat that ransomware posed to essential infrastructure and services.

U.Chen--ThChM