CEOs urged to “step up” their game as cybercrime rises

Published

5 years ago

May 11, 2021

Energy CEOs and government need to “step up” their game

Pipeline cyberattack

This comes after the recent cyberattack on the US’ largest fuel pipeline.

A top federal energy regulator says the cybercrime was “a real wake-up call.” He also said executives must “do a deep dive review of their security posture and protocols.”

The Colonial Pipeline supplies 50 percent of diesel and gas supplies to the country’s East Coast.

Russian criminal group “DarkSide” is believed to be behind the hack, with the White House placed on “red alert”.

It comes as the group says that it never meant to cause chaos. They say they only wanted money, in a sign that the original plan went wrong.

State of emergency

Following the cyberattack, the US government declared a state of emergency.

The cyrbercrime also forced the company to halt all pipeline operations.

Hackers seized almost 100 gigabytes of data in the attack. They threatened to leak it onto the internet unless they received a payment.

Iran live updates: Rubio warns hardest US strikes yet to come as toll rises

Published

2 hours ago

March 3, 2026

Ahron Young

What’s happening in the Middle East?

President Donald Trump says Iran’s Supreme Leader Ayatollah Ali Khamenei has been killed, with Iran now entering a transitional period under a three man leadership council
Trump says U.S. strikes on Iran could last four to five weeks, outlining objectives including destroying missile capabilities, dismantling Iran’s navy and preventing it from obtaining a nuclear weapon
The U.S. military confirms four American service members have been killed, and the White House says U.S. forces have destroyed and sunk nine Iranian naval ships
Iran says it sees “no limit” to its right to self defence and will not negotiate, as missile and drone attacks continue across Israel and Gulf states
More than 500 Iranians have been killed in U.S. and Israeli strikes, with additional deaths reported in Lebanon, Israel and the UAE
Shipping, aviation and energy markets have been disrupted, Qatar has halted LNG production, UAE stock markets have closed temporarily, and oil and gas prices have surged

Oil prices surge amid rising Middle East conflict risks

Crude oil surges 7% amid fears of Middle East conflict; Strait of Hormuz disruptions may push Brent over $100.

Published

3 hours ago

March 3, 2026

Harvey Vargas

Crude oil surges 7% amid fears of Middle East conflict; Strait of Hormuz disruptions may push Brent over $100.

Crude oil prices spiked dramatically as investors react to the growing risk of a wider conflict in the Middle East. U.S. crude surged 7.2 percent, trading near $71.84 a barrel, signalling heightened concern across energy markets.

The Strait of Hormuz, a critical shipping chokepoint, has come under intense scrutiny. Rising war-risk insurance premiums and suspended tanker traffic are already slowing the movement of oil, creating ripple effects in global supply chains.

JPMorgan has warned that prolonged disruptions over three weeks could force Gulf producers to reduce output, potentially pushing Brent crude prices to between $100 and $120 a barrel. Markets are closely watching for developments that could reshape global energy pricing.

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News

Trump warns of last opportunity to hit Iran as conflict escalates

Trump declares final chance to strike Iran, aiming to dismantle missile systems and prevent nuclear weapons amid U.S. troop losses.

Published

3 hours ago

March 3, 2026

Harvey Vargas

Trump declares final chance to strike Iran, aiming to dismantle missile systems and prevent nuclear weapons amid U.S. troop losses.

President Trump has declared this is the final opportunity to strike Iran as conflict intensifies across the Middle East, outlining four key military objectives including dismantling Iran’s missile capabilities and targeting its navy.

The U.S. says its mission is to prevent Iran from acquiring a nuclear weapon and to halt its alleged support for terrorist groups abroad, signalling a potentially prolonged campaign in the region.

Four U.S. troops have already been killed, with officials warning further casualties are possible as operations continue.

#Trump #Iran #MiddleEast

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