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Researchers Say US Power Companies Targeted by Russian Hackers Featured Image

Researchers Say US Power Companies Targeted by Russian Hackers

by: Bryon Turcotte  /  July 3, 2014

Reports from cybersecurity researchers say that a group of Russian hackers has been "attacking energy companies in the U.S. and Europe and may be capable of disrupting power supplies\, "according to a recent_ article published on the Montreal Gazette website. The article indicates that, according to researchers, this group has "_the resources, size, and organization that suggest government involvement." The group of hackers, known as both "_Energetic Bear_" and "_Dragonfly_" have their aim focused on "_grid operators, petroleum pipeline operators, electricity generation firms and other "strategically important" energy companies_, "according to the report.

The article notes that activities like this amplify the seriousness and need for precise attention on the ever-expanding "reach of cyberattacks_" as more parts of the current world and "_the economy become connected and controlled via the Web_" According to the article, attacks and events like these may be clear symptoms of nations and their governments "_using hacking to support political strategies." Reports clarify that Symantec found "more than half of the infections in the U.S. and Spain." At the same time, it also said that "_Serbia, Greece, Romania, Poland, Turkey, Germany, Italy, and France were also targeted._"

According to researchers at Symantec, the report indicates that hacker groups who have been active since 2011 were found "_to work a standard week, operating 9 a.m. to 6 p.m., Monday through Friday, in a time zone shared by Russia and other eastern European countries._" Eric Chien, chief researcher at Symantec's Security Technology and Response Team, was quoted in the article to say, "_The Dragonfly group is well resourced, with a range of malware tools at its disposal and is capable of launching attacks through many different vectors. These infections gave attackers a beachhead in the targeted organizations' networks and gave them the means to mount sabotage operations._"

Read more about the new wave of threats that may have a severe impact on the way we live each day in the full article at the Montreal Gazette website.

Written by Bryon Turcotte  /  July 3, 2014