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The attack on a critical US artery for the transport of fuel has once again exposed the vulnerabilities of the energy industry to cyber attacks. The ransomware attack on the 2.5 million barrels per day Colonial Pipeline endangered access to fuel for the US East Coast. The pipeline, which was built in the 1960s, snakes across a distance of 8,850 kilometres and carries products sufficient to meet the total consumption of Germany, Europe’s largest economy and the world’s fourth-biggest.
So what makes the energy industry a target for attacks and why is it vulnerable?
Any impact on the energy sector can affect entire communities and even countries. An attack on a power plant or a pipeline can cause widespread blackouts, impact transportation, heating, and the functioning of critical activities in the economy.
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Apr. 25, 2021 12:36 PM
In recent months, Israel’s health and education ministries have been promoting a coronavirus testing program in the country’s schools in an effort to spot and curb any new outbreaks of the virus in the schools.
Dubbed Magen Hinuch, “education shield” in Hebrew, information security researchers have now found that the program inadvertently exposed confidential information pertaining to students and parents, including medical information.
The purpose of the program appears entirely appropriate, but suspicions arose after the parents of students at the school attended by the daughter of Noam Rotem - one of Israel’s better known ethical hackers - received information from the school about the program. Some of the parents became suspicious, among them the co-host of Israel’s Cyber Cyber podcast on all things hacking.
Another star-studded R&D partnership heads for TASE
HIVE 2040 s investment committee features former chief of police Yohanan Danino and former Mossad chief Tamir Pardo.
The series of R&D partnerships floated on the Tel Aviv Stock Exchange in recent months, part of a larger phenomenon of a wave of IPOs, is now joined by limited partnership HIVE 2040. Like its predecessors, HIVE 2040 has a star-studded cast.
Besides founding and controlling partner Tomer Avnon, this includes former chief of police Yohanan Danino and former Mossad chief Tamir Pardo, who will serve on the partnership s investment committee alongside former Israel Aerospace Industries CEO Joseph (Yossi) Weiss and former National Cyber Security Authority head Baruch (Buky) Carmeli.