European Oil Port Hubs Hit by a Cyberattack

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CySecurity News – Latest Information Security and Hacking Incidents

Hamburg, a major port part of northern Germany, was targeted by the cyberattack, as were at least six oil ports in Belgium and the Netherlands. Prosecutors in Belgium have opened an inquiry into the theft of oil supplies in the country’s marine entryways, particlarly Antwerp which also happens to be Europe’s second-largest port after Rotterdam.

Prosecutors in Germany are said to be looking into a cyberattack on oil facilities which are described as a probable ransomware attack, wherein hackers demand money in exchange for reopening captured networks. 

Last month, oil prices reached a seven-year high amid geopolitical tensions with Russia, and rising energy costs are fueling an increase in costs which has alarmed European authorities. 

“A cyberattack was launched against several terminals, causing significant disruption. The software has been taken over, which is unable to process barges. The operating system is basically down “Jelle Vreeman, a senior trader at Riverlake in Rotterdam, echoed this sentiment.

Europol, the EU’s police agency, confirmed the information of the events in Germany had given assistance to authorities. “At this time, the investigation is underway and in a critical stage,” said Claire Georges, a spokesman for Europol. 

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