News March 22, 2022

Russian Hackers Are Targeting American Oil Refineries

An excerpt from TheStreet article, ‘Russian Hackers Are Targeting American Oil Refineries’

The traditional model of criminal and nation-state attacks is changing because of the Russian war in Ukraine, Brian Contos, chief security officer of Phosphorus Cybersecurity in Nashville, Tenn., that specializes in IoT/OT and other physical systems, told TheStreet.

“As both the Ukraine war and economic crisis worsens for Russia, there is a significant risk that Russia’s cyber teams will start acting out more aggressively in attacks on the U.S. and the West,” he said. “The energy industry would be a significant focus of those attacks.”

While many energy companies already claim their systems are “air gapped” from the main corporate network, that is always not completely true, Contos said.

“There are often still shared resources between the two that a sophisticated hacker could exploit,” he said. “Since energy companies have also been transitioning much of their network activity to cloud-based systems, that is another area that needs to be better protected.”

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