There’s been a surge in mobile phishing attacks targeting the energy sector as cyber attackers attempt to break into networks used to provide services including electricity and gas.
The energy industry is highly critical, providing people with vital services required for everyday use. That role makes it a prime target for cyber criminals.
That risk was demonstrated earlier this year when the Colonial Pipeline was hit with a ransomware attack, leading to the gasoline shortages across the Eastern United States. Colonial ended up paying cyber criminals almost $5m dollars for a decryption key to restore the network.
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And it’s not just cyber criminals who have an interest in hacking into the networks of energy providers; they’re also a top target for nation state-backed hacking groups for whom breaching a network could be a path towards causing significant disruption.
The desire to break into these networks has resulted in a sharp rise in phishing attacks against the energy sector, specifically cyberattacks targeting mobile devices, warns a report by cybersecurity researchers at Lookout.
According to the paper, there’s been a 161% increase in mobile phishing attacks targeting the energy sector since