Spearphishing Attacks and Fuel Crisis – Oil and Gas Industry Faces Multiple Threats

From cyware.com

Spearphishing Attacks and Fuel Crisis - Oil and Gas Industry Faces Multiple Threats

Ccybercriminals have not spared any industrial sector during the pandemic. Especially, hackers are attacking the oil and gas industry with spearphishing campaigns.

What’s going on?

  • On April 10, 2020, Russia and the Organization of the Petroleum Exporting Countries (OPEC+) alliance signed an agreement with G20 to address the rising oil prices.
  • While Saudi Arabia and Russia are settling their disputes over the fuel prices in an attempt to uphold the declining market, threat actors are leaving no stones unturned to deface the oil industry.
  • Two massive spearphishing campaigns affecting oil and gas companies, one in late March and another in early April, were identified by security researchers.
  • Researchers noted that the spearphishing emails in these campaigns were meticulously crafted without any errors so as to appear completely legitimate to the unsuspecting victims.

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