Feeds

Carbon trading registry suspends ops following hack attack

Smokey and the bandits

The essential guide to IT transformation

A carbon emissions trading registry in Austria has suspended operations until at least 21 January following a hacking attack earlier this month.

The registry has been disconnected from the EU and UN carbon trading registries in response to the 10 January attack, details on which are unclear. A statement on the trading registry website (extract below) explains that the disconnection from other registries and suspension of operations is a security precaution taken to safeguard the operation of wider EU systems while problems on the Austrian site are identified and resolved.

Umweltbundesamt GmbH as registry and ECRA GmbH as registry service provider inform that for security reasons all access to the Austrian emissions trading registry has been locked because of a hacker attack on 10 January 2011. The Austrian registry can therefore not be reached until further notice.

Since the registry also had to be disconnected from the CITL and the ITL to ensure security, it is currently not foreseeable when trading in the Austrian emissions trading registry may continue.

The Austrian site is one of a network of sites across Europe that apply a market-based approach to tackling carbon emissions. Green activists rubbish this notion while cybercrooks look at carbon exchanges as a left-field source of illicit income, so sites are subject to hacking attacks or scams from multiple sources.

Last July, an EU Climate Exchange website was hacked by green-hat hackers as part of a political protest against carbon credits. Phishing fraudsters periodically try to con their way towards accessing carbon trading accounts. One phishing attack in February 2010 resulted in losses to six German firms estimated at €3m that prompted the temporary closure of registries across the EU for one day, Business Green reports. More recently in November, 1.6m carbon emission permits were looted from a Romanian trading account maintained by cement-maker Holcim, Reuters adds. ®

Next gen security for virtualised datacentres

More from The Register

next story
Ice cream headache as black hat hacks sack Dairy Queen
I scream, you scream, we all scream 'DATA BREACH'!
Goog says patch⁵⁰ your Chrome
64-bit browser loads cat vids FIFTEEN PERCENT faster!
NIST to sysadmins: clean up your SSH mess
Too many keys, too badly managed
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
Researchers camouflage haxxor traps with fake application traffic
Honeypots sweetened to resemble actual workloads, complete with 'secure' logins
Attack flogged through shiny-clicky social media buttons
66,000 users popped by malicious Flash fudging add-on
New Snowden leak: How NSA shared 850-billion-plus metadata records
'Federated search' spaffed info all over Five Eyes chums
Three quarters of South Korea popped in online gaming raids
Records used to plunder game items, sold off to low lifes
Oz fed police in PDF redaction SNAFU
Give us your metadata, we'll publish your data
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?