Russia says hackers stole more than 1 billion roubles from its banks in 2017

Cobalt Strike is a security tool used to test the strength of an organization’s cyber defenses, but it has also been used by hackers to attack banks in Russia and Europe. (Reuters)
Updated 13 February 2018
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Russia says hackers stole more than 1 billion roubles from its banks in 2017

MAGNITOGORSK, Russia: Hackers stole more than 1 billion roubles (SR64.63 million) from Russian banks using the Cobalt Strike security-testing tool in 2017, a central bank official said on Tuesday.
Russia is under intense scrutiny over cybercrime following allegations hackers backed by Moscow have attacked targets in the US and Europe, accusations the Kremlin has repeatedly denied.
Russian authorities are now keen to show that Russia too is a frequent victim of cybercrime and that they are working hard to combat it.
Central bank Deputy Governor Dmitry Skobelkin told an information security conference in the Russian city of Magnitogorsk that 21 “waves of attacks” using Cobalt Strike had been recorded in 2017.
“More than 240 credit organizations were hit by the attacks, 11 of which were successful. The amount stolen was more than 1 billion roubles,” he said.
Cobalt Strike is a security tool used to test the strength of an organization’s cyber defenses, but it has also been used by hackers to attack banks in Russia and Europe.
A group known as Cobalt because of their use of the tool attacked cash machines in more than a dozen countries in 2016, using the malicious software to force the ATMs to spit out cash.
Skobelkin said the Russian central bank had sent warnings to more than 400 organizations which were targeted by the Cobalt group last year.


Libya’s NOC declares force majeure on El Sharara oilfield

Updated 18 December 2018
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Libya’s NOC declares force majeure on El Sharara oilfield

  • El Sharara — a 315,000 barrels a day field was taken over on Dec. 8 by groups of tribesmen, armed protesters and state guards demanding salary payments
  • Some government officials favor offering quick cash to the occupiers to make them leave, but NOC officials have warned that would set a precedent

TRIPOLI: Libya’s state oil firm NOC has declared force majeure on operations at the country’s largest oilfield, El Sharara, a week after it announced a contractual waiver on exports from the field following its seizure by protesters.

The 315,000 barrels a day field, located in the south of the North African OPEC member country, was taken over on Dec. 8 by groups of tribesmen, armed protesters and state guards demanding salary payments and development funds.

Officials have been unable to persuade the groups, who have been camping on the field, to leave the vast, partly unsecured site amid disagreements how best to proceed, workers on the field said.

Some government officials favor offering quick cash to the occupiers to make them leave, but NOC officials have warned that would set a precedent and encourage more blockades, workers at the oilfield say.

NOC has described the occupiers as militia trying to get on the payroll of field guards, a recurring theme in Libya where many see seizing NOC facilities as an easy way to get heard by the weak state authorities.

Production will only restart after “alternative security arrangements are put in place,” NOC said in a statement.

Operations at the smaller El Feel oilfield continued as normal, engineers said.

“Production at Sharara was forcibly shut down by an armed group — Battalion 30 and its civilian support company — that claimed to be providing security at the field, but which threatened violence against NOC employees,” NOC Chairman Mustafa Sanallah said in the statement.

His comments came after the chief of staff of the Tripoli-based government, Abdulrahman Attweel, criticized some of Sanalla’s previous comments about the protesters as “irresponsible.”

“These people (guards) were there to protect the field without salaries and without any attention to them and their daily needs, not in terms of accommodation, supply, transportation and communication,” Attweel told Al-Ahrar channel late on Monday.

Their demands were legitimate, he said, echoing comments by some southern lawmakers and mayors demanding more jobs and development for the neglected region.
The blockade has been complicated by the presence of tribesmen, who have argued against quick cash payments saying they want funds to improve hospitals and other services, which might take time to deliver.

The shutdown of the El Sharara has not affected the El Feel oilfield, also located in the south. It continued to pump around 70,000 barrels a day, field engineers said.
Its exports were being routed via the Melittah oil and gas port, which like El Feel belongs to a joint venture NOC has with Italian energy company Eni, another engineer said.

A spokesman for NOC did not respond to a request for comment.
El Sharara crude is normally transported to the Zawiya port, also home to a refinery. NOC runs the field with Spain’s Repsol , France’s Total, Austria’s OMV and Norway’s Equinor, formerly known as Statoil.