AI DevwWrld CyberDSA Chatbot Summit Cyber Revolution Summit CYSEC Global Cyber Security & Cloud Expo World Series Digital Identity & Authentication Summit Asian Integrated Resort Expo Middle East Low Code No Code Summit TimeAI Summit

Cyber attack cripples Suncor Energy, one of Canada's largest energy companies

Cyber security is put to the test: over 1500 service stations involved, the importance of critical infrastructure is in the spotlight

This pill is also available in Italian language

Suncor Energy, Canada's leading integrated energy company, disclosed earlier this week that it had suffered a cybersecurity incident. This caused technical problems at its subsidiary, Petro-Canada, affecting the operation of more than 1,500 gas stations across the country. As a result, these stations cannot accept credit card payments and customers cannot use reward points.

The implications of a cyber attack on critical infrastructure

Suncor Energy, ranked the 48th largest public company globally, is one of Canada's leading synthetic oil producers, generating $31 billion in annual revenue. Drew Streib, group director of software engineering at Synopsys Software Integrity Group, pointed out how attacks on critical infrastructure systems can not only directly disrupt a specific business, but can have broad cascading effects on entities across the economy. . Entities such as Suncor and other energy suppliers are particularly attractive to malicious actors who want to create major disturbances.

Mitigation measures adopted by Suncor

It is reported that the company immediately took steps to mitigate the attack and engaged third-party experts to investigate and resolve the situation. Authorities have been notified and Suncor is fully cooperating with their investigation. However, the company warned that "as we work to resolve the incident, some customer and supplier transactions may be affected." Despite this, Suncor reassured the public that there is currently no evidence to suggest that customer, supplier or employee data has been compromised or misused as a result of the cybersecurity incident.

Considerations and warnings about potential cyber attacks

Stephen Gates, principal security expert at Horizon3.ai, commented on the incident suggesting that it could be a targeted attack on point-of-sale systems, as the organization is unable to accept and process credit card/ debt. Furthermore, the Suncor Energy cyberattack comes months after the UK's National Cyber Security Center (NCSC) warned of the possibility that Russian "state-aligned" groups could launch destructive attacks on critical national infrastructure.

Follow us on Instagram for more pills like this

06/28/2023 23:00

Editorial AI

Last pills

Serious vulnerability discovered in Rabbit R1: all user data at riskVulnerability in Rabbit R1 exposes sensitive API keys. What are the privacy risks?

Cyber attack in Indonesia: the new Brain Cipher ransomware brings services to their kneesNew ransomware hits Indonesia: learn how Brain Cipher crippled essential services and the techniques used by hackers

Patelco Credit Union: security incident halts customer services in CaliforniaService disruption and customer frustration: Patelco Credit Union works to resolve security incident

Cyber attack on TeamViewer: immediate response and investigations underwayStrengthened security measures and international collaborations to counter the cyber threat