This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: Alexander Klimburg, Head, Centre for Cybersecurity, Member of the Executive committee, World Economic Forum, Filipe Beato, Lead, Centre for Cybersecurity, World Economic Forum & Maciej Kolaczkowski, Manager Oil and Gas Industry – Energy, Materials, Infrastructure Platform, World Economic Forum Geneva
- A cyberattack on Amsterdam-Rotterdam-Antwerp (ARA) will likely have reverberating consequences on business operation and the economy across Europe.
- Ransomware attacks have risen 150% in the last year and are easy to conduct with defence mechanisms largely inadequate.
- Information sharing, partnerships and collaboration can help develop an affront to rising cyberattacks.
A cyberattack on the major European oil refining hubs of Amsterdam-Rotterdam-Antwerp (ARA) has hugely disrupted the loading and unloading of refined product cargoes amid a continental energy crisis. The disruption could see further cascading effects on existing business and operational disruption in Germany and Belgium, with potentially larger societal and…
