The China Mail - European oil port terminals hit by cyberattack

USD -
AED 3.673042
AFN 72.04561
ALL 90.426454
AMD 393.432155
ANG 1.790208
AOA 916.000367
ARS 1081.039361
AUD 1.654807
AWG 1.8
AZN 1.70397
BAM 1.784082
BBD 2.031653
BDT 122.253136
BGN 1.784082
BHD 0.376648
BIF 2990.649943
BMD 1
BND 1.345222
BOB 6.952794
BRL 5.844604
BSD 1.006157
BTN 85.842645
BWP 14.014139
BYN 3.292862
BYR 19600
BZD 2.021163
CAD 1.42275
CDF 2873.000362
CHF 0.861746
CLF 0.0249
CLP 955.539339
CNY 7.28155
CNH 7.295041
COP 4181.710376
CRC 509.007982
CUC 1
CUP 26.5
CVE 100.583808
CZK 23.045604
DJF 179.18358
DKK 6.808204
DOP 63.5439
DZD 133.249715
EGP 50.555986
ERN 15
ETB 132.622212
EUR 0.91245
FJD 2.314904
FKP 0.773571
GBP 0.776488
GEL 2.750391
GGP 0.773571
GHS 15.595895
GIP 0.773571
GMD 71.503851
GNF 8707.867731
GTQ 7.765564
GYD 210.508552
HKD 7.77455
HNL 25.744128
HRK 6.871704
HTG 131.657925
HUF 370.410388
IDR 16745
ILS 3.74336
IMP 0.773571
INR 85.529504
IQD 1318.129989
IRR 42100.000352
ISK 132.170386
JEP 0.773571
JMD 158.686431
JOD 0.708904
JPY 146.93504
KES 130.052452
KGS 86.768804
KHR 4028.278221
KMF 450.503794
KPW 900.005694
KRW 1459.510383
KWD 0.30779
KYD 0.838495
KZT 510.166477
LAK 21794.298746
LBP 90155.803877
LKR 298.335234
LRD 201.240593
LSL 19.187412
LTL 2.95274
LVL 0.60489
LYD 4.866591
MAD 9.582851
MDL 17.779704
MGA 4665.906499
MKD 56.132269
MMK 2099.475321
MNT 3509.614285
MOP 8.055188
MRU 40.127708
MUR 44.670378
MVR 15.403739
MWK 1744.766249
MXN 20.436704
MYR 4.437039
MZN 63.910377
NAD 19.187412
NGN 1532.820377
NIO 37.026226
NOK 10.768404
NPR 137.348233
NZD 1.787151
OMR 0.384721
PAB 1.006249
PEN 3.697332
PGK 4.15325
PHP 57.385038
PKR 282.466317
PLN 3.890545
PYG 8066.59065
QAR 3.667868
RON 4.542038
RSD 106.86431
RUB 84.834664
RWF 1450.034208
SAR 3.751392
SBD 8.316332
SCR 14.340707
SDG 600.503676
SEK 9.992304
SGD 1.345604
SHP 0.785843
SLE 22.750371
SLL 20969.501083
SOS 575.051311
SRD 36.646504
STD 20697.981008
SVC 8.804561
SYP 13002.413126
SZL 19.194527
THB 34.412038
TJS 10.95252
TMT 3.5
TND 3.081231
TOP 2.342104
TRY 37.964804
TTD 6.815964
TWD 33.177504
TZS 2691.721779
UAH 41.414641
UGX 3677.993158
UYU 42.563284
UZS 13000.684151
VES 70.161515
VND 25805
VUV 123.08598
WST 2.809233
XAF 598.364424
XAG 0.033794
XAU 0.000329
XCD 2.70255
XDR 0.744173
XOF 598.364424
XPF 108.789054
YER 245.650363
ZAR 19.130375
ZMK 9001.203587
ZMW 27.896921
ZWL 321.999592
  • RIO

    -3.7600

    54.67

    -6.88%

  • SCS

    -0.0600

    10.68

    -0.56%

  • CMSC

    0.0300

    22.29

    +0.13%

  • NGG

    -3.4600

    65.93

    -5.25%

  • CMSD

    0.1600

    22.83

    +0.7%

  • BCC

    0.8100

    95.44

    +0.85%

  • GSK

    -2.4800

    36.53

    -6.79%

  • RBGPF

    69.0200

    69.02

    +100%

  • BTI

    -2.0600

    39.86

    -5.17%

  • JRI

    -0.8600

    11.96

    -7.19%

  • AZN

    -5.4600

    68.46

    -7.98%

  • VOD

    -0.8700

    8.5

    -10.24%

  • RELX

    -3.2800

    48.16

    -6.81%

  • RYCEF

    -1.5500

    8.25

    -18.79%

  • BCE

    0.0500

    22.71

    +0.22%

  • BP

    -2.9600

    28.38

    -10.43%

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