Russia Attacks US Oil and Gas Companies in Massive Hack

by Editor | July 3, 2014 5:19 am

CNN – The Cold War didn’t end in the 1990′s. It simply moved online.

That much is clear after a security firm reported this week that Russian hackers have launched unprecedented, highly-sophisticated attacks on Western oil and gas companies.

The cyber operation nicknamed Energetic Bear is the latest example of an ongoing battle between all-seeing American and British cyber spies on one side — and intellectual-property-stealing hackers in China and Russia on the other.

The report by Symantec (SYMC, Tech30) described how hackers have sneaked malware into computers at power plants, energy grid operators, gas pipeline companies and industrial equipment makers. Most of the targets were in the United States and Spain. The rest were across Europe.

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