Energy One, a leading software provider for wholesale energy, environmental, and carbon trading markets across the Asia Pacific, UK, and Europe, recently confirmed a cyber-attack on its corporate systems in both the UK and Australia. While specific details regarding the affected companies remain undisclosed, Energy One is actively analyzing the potentially impacted systems.
Catering to a diverse clientele, from startups to multinational entities, Energy One manages the entire wholesale energy portfolio, encompassing energy trading and logistics. In response to the attack, the company promptly initiated measures to contain the breach’s ramifications. This included engaging the expertise of cybersecurity firm CyberX and notifying both the Australian Cyber Security Centre and UK authorities. To further safeguard its operations, Energy One temporarily severed certain connections between its corporate and customer-facing systems.
Camellia Chan, CEO of Flexxon, an AI cybersecurity specialist firm, commented on the incident, emphasizing the growing threat cyber-attacks pose to critical national infrastructure (CNI). Chan highlighted that CNIs, like Energy One’s clientele, are attractive targets for cybercriminals due to their intricate systems, which, if compromised, can have catastrophic consequences.
Chan further stressed the importance of proactive security measures, advocating for low-level AI at the hardware level as a revolutionary defense mechanism. Unlike traditional cybersecurity approaches, this method offers protection against advanced threats without necessitating human intervention.
In a related development, US-based computer security firm Cofense reported a significant phishing campaign using QR codes, primarily targeting a major US energy company. Nathaniel Raymond of Cofense emphasized the risks posed by QR codes, especially when embedded in images or PDFs, and urged employees to exercise caution when encountering QR codes in emails.
Source: Smart Energy International
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