• Home
  • Blog
  • Android
  • Cars
  • Gadgets
  • Gaming
  • Internet
  • Mobile
  • Sci-Fi
Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • Blog
  • Android
  • Cars
  • Gadgets
  • Gaming
  • Internet
  • Mobile
  • Sci-Fi
No Result
View All Result
  • Home
  • Blog
  • Android
  • Cars
  • Gadgets
  • Gaming
  • Internet
  • Mobile
  • Sci-Fi
No Result
View All Result
Blog - Creative Collaboration
No Result
View All Result
Home Internet

Saudi Aramco confirms data leak after $50 million cyber ransom demand

July 22, 2021
Share on FacebookShare on Twitter

Enlarge / The Hawiyah Natural Gas Liquids Recovery Plant, operated by Saudi Aramco, in Hawiyah, Saudi Arabia, on Monday, June 28, 2021.

Bloomberg | Getty Images

Saudi Aramco, the world’s largest oil producer, confirmed on Wednesday that some of its company files had been leaked via a contractor, after a cyber extortionist claimed to have seized troves of its data last month and demanded a $50 million ransom from the company.

Aramco said in a statement that it had “recently become aware of the indirect release of a limited amount of company data which was held by third-party contractors.” The oil company did not name the supplier or explain how the data were compromised.

“We confirm that the release of data was not due to a breach of our systems, has no impact on our operations, and the company continues to maintain a robust cyber security posture,” Aramco added.

The statement came after a hacker claimed on the dark web that they had stolen 1 terabyte of Aramco’s data, according to a post from June 23 seen by the Financial Times. The hacker said it had obtained information on the location of oil refineries, as well as payroll files and confidential client and employee data.

In another post, the perpetrator offered to delete the data if Aramco paid up $50 million in a niche cryptocurrency Monero, which is particularly difficult for authorities to trace. The post also offered prospective buyers the chance to purchase the data for about $5 million.

The oil giant has the capacity to pump more than one in every 10 barrels of crude in the global market and any threats to its security or facilities are closely watched by oil traders and policymakers.

Advertisement

The security vulnerabilities of energy companies and pipelines in particular have fallen under the spotlight recently after the hack of the Colonial Pipeline in the US earlier this year resulted in fuel shortages across the east coast of the country.

It was unclear who was behind the Aramco incident. Cyber researchers noted that the attack did not appear to be part of a ransomware campaign, where hackers use malware to seize a users’ data or computer systems and only release it once a ransom has been paid. Nor did the hacker claim to be part of a known ransomware gang.

Instead, the hacker appeared to have seized a copy of the data without using malware, and set up dark web profiles to telegraph its activities.

Saudi Aramco’s facilities have been targeted in the past by both physical and cyber attacks.

In 2019 the Abqaiq processing facility in the eastern part of the country, which prepares the majority of the kingdom’s crude for export, was hit by a series of missile and drone strikes that the US blamed on Iran. Global oil prices soared until Saudi Arabia was able to reassure markets it could still export enough oil to keep customers well supplied.

In 2012 an alleged cyber attack on Saudi Aramco was also blamed on Iran. Cyber security experts have said this was probably a retaliation for the Stuxnet attack on Iran’s nuclear program, which has been widely attributed to the US and Israel.

The 2012 attack erased data on about three-quarters of Aramco’s computers, according to reports at the time, including files, spreadsheets and emails. They were replaced with an image of a burning US flag.

Saudi Aramco refineries, including the newly opened Jazan facility, which was listed in screenshots of the allegedly leaked data, have also been subject to physical attacks both from drones and missile strikes, which have been claimed by Iran-backed Houthi rebels in Yemen. The Jazan refinery is in Saudi Arabia’s southwest on the Red Sea, not far from the Yemen border.

The extortion attempt was first reported by the Associated Press.

© 2021 The Financial Times Ltd. All rights reserved Not to be redistributed, copied, or modified in any way.

Next Post

VOCHI raises additional $2.4 million for its computer vision-powered video editing app – TechCrunch

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Recent Posts

  • 5 reasons to buy a Galaxy S26 and 3 reasons not to buy one
  • Apple’s iMac could get fun Neo-like colors this year
  • Leverkusen vs. Arsenal 2026 livestream: Watch Champions League for free
  • The Bear Facts: The True Story of Wojtek the (Were)Bear
  • Best Sleep Week deals: Save on Helix mattresses, Purple pillows, sleep earbuds, and more

Recent Comments

    No Result
    View All Result

    Categories

    • Android
    • Cars
    • Gadgets
    • Gaming
    • Internet
    • Mobile
    • Sci-Fi
    • Home
    • Shop
    • Privacy Policy
    • Terms and Conditions

    © CC Startup, Powered by Creative Collaboration. © 2020 Creative Collaboration, LLC. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Blog
    • Android
    • Cars
    • Gadgets
    • Gaming
    • Internet
    • Mobile
    • Sci-Fi

    © CC Startup, Powered by Creative Collaboration. © 2020 Creative Collaboration, LLC. All Rights Reserved.

    Get more stuff like this
    in your inbox

    Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

    Thank you for subscribing.

    Something went wrong.

    We respect your privacy and take protecting it seriously