Sunday, April 14, 2024

Cyber attack strikes German fuel supplies

A major fuel supplier in Germany is operating at a “limited capacity” after a cyber attack disrupted IT systems on the weekend, the BBC reports.

Oiltanking Deutschland GmbH & Co. KG stores and transports oil, vehicle fuels, and other petroleum products for companies including Shell.

It says it discovered it had been hacked on Saturday.

It has declared “force majeure” for the majority of its inland supply activities in Germany. The declaration of force majeure excuses a company from contractual agreements when an extraordinary event occurs which is beyond its control.

In May last year, a ransomware attack on U.S. oil supplier Colonial Pipeline saw supplies tighten across the U.S. and multiple states declaring an emergency.

German news outlet Handelsblatt, which first reported the incident, said: “All of Oiltanking’s loading and unloading systems are paralyzed.”

Oiltanking Deutshland GmbH’s parent company did not give details about the type of hack they were dealing with, but said: “We are working to solve this issue according to our contingency plans, as well as to understand the full scope of the incident.”

Shell said it has diverted operations to other suppliers to minimize disruption.

Oiltanking has been active in tank storage logistics since 1972, and is one of the largest independent operators of tank terminals for oils, gases, and chemicals worldwide. The company says only German operations have been affected by the cyber attack.

Cyber-security researchers say that attacks on critical infrastructure such as oil and food supplies are on the increase.

In June last year a ransomware attack on JBS, the largest meat processing company in the world, caused disruption to meat supply lines in several countries. In that incident, the company paid the equivalent of $11 million in ransom to the criminals who hacked them.

BIG Media
BIG Media
Our focus is on facts, accurate data, and logical interpretation. Our only agenda is the truth.

BIG Wrap

Israel and U.S. shoot down missiles and drones launched from Iran

(BBC News) Iran has launched dozens of drones and missiles at Israel in a retaliatory attack. Sirens and loud explosions have been heard as Israel's air...

HELP sign leads to rescue of three men from island

(BBC News) Three men were rescued by the US Coast Guard off an island in Micronesia after they sent out a plea for "HELP"...