The Fort Worth Press - European oil port terminals hit by cyberattack

USD -
AED 3.672504
AFN 64.000368
ALL 80.660025
AMD 364.155001
ANG 1.790365
AOA 918.000367
ARS 1524.750402
AUD 1.417435
AWG 1.8
AZN 1.70397
BAM 1.716593
BBD 2.014833
BDT 123.096502
BGN 1.683441
BHD 0.377145
BIF 3013.033747
BMD 1
BND 1.278097
BOB 12.259622
BRL 5.188104
BSD 1.000307
BTN 95.794093
BWP 13.621802
BYN 3.022425
BYR 19600
BZD 2.011937
CAD 1.41495
CDF 2340.000362
CHF 0.828271
CLF 0.024357
CLP 961.770396
CNY 6.71325
CNH 6.734304
COP 3348.488173
CRC 454.820731
CUC 1
CUP 24.008426
CVE 96.778865
CZK 21.384404
DJF 178.136657
DKK 6.562804
DOP 59.49006
DZD 133.78604
EGP 51.914688
ERN 15
ETB 162.282003
EUR 0.87791
FJD 2.24725
FKP 0.754991
GBP 0.754689
GEL 2.61504
GGP 0.754991
GHS 11.618906
GIP 0.754991
GMD 73.503851
GNF 8797.998859
GTQ 7.639444
GYD 209.30355
HKD 7.84345
HNL 26.849519
HRK 6.613804
HTG 130.916751
HUF 320.61504
IDR 17914.1
ILS 3.04806
IMP 0.754991
INR 95.817504
IQD 1310.484048
IRR 1374575.000352
ISK 120.260386
JEP 0.754991
JMD 158.265678
JOD 0.70904
JPY 157.28504
KES 129.644095
KGS 87.448204
KHR 4068.10901
KMF 433.00035
KPW 900.000318
KRW 1355.185039
KWD 0.30864
KYD 0.833633
KZT 443.156186
LAK 22438.232325
LBP 89581.428007
LKR 330.293588
LRD 172.063018
LSL 16.32106
LTL 2.95274
LVL 0.60489
LYD 6.395752
MAD 9.599596
MDL 17.756616
MGA 4416.553298
MKD 54.043972
MMK 2099.795344
MNT 3598.18988
MOP 8.082152
MRU 40.243999
MUR 47.530378
MVR 15.450378
MWK 1734.585509
MXN 17.679204
MYR 4.074104
MZN 63.910377
NAD 16.32106
NGN 1326.380377
NIO 36.810462
NOK 9.50785
NPR 153.270725
NZD 1.749629
OMR 0.385571
PAB 1.000307
PEN 3.395971
PGK 4.456927
PHP 62.347038
PKR 277.197262
PLN 3.83775
PYG 5896.344407
QAR 3.646377
RON 4.629204
RSD 103.085092
RUB 84.346338
RWF 1478.474569
SAR 3.752852
SBD 8.000512
SCR 13.902664
SDG 601.503676
SEK 9.91775
SGD 1.277904
SHP 0.755002
SLE 24.650371
SLL 20969.491881
SOS 571.729495
SRD 37.667504
STD 20697.981008
STN 21.503489
SVC 8.753236
SYP 13002.000254
SZL 16.317198
THB 33.375038
TJS 9.228244
TMT 3.51
TND 2.961425
TOP 2.40776
TRY 48.942504
TTD 6.803879
TWD 31.728704
TZS 2654.934831
UAH 44.794751
UGX 3918.023434
UYU 40.075482
UZS 11839.206565
VES 852.43145
VND 25976
VUV 118.485868
WST 2.745655
XAF 575.871484
XAG 0.015553
XAU 0.000233347179
XCD 2.70255
XCG 1.80287
XDR 0.707052
XOF 575.871484
XPF 104.673717
YER 236.650363
ZAR 16.304245
ZMK 9001.203584
ZMW 19.513758
ZWL 321.999592
SSP 5712.5919
MXV 2.00344
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

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.

W.Knight--TFWP