Friday, 24 November, 2017

Russian court freezes $3 bln of Sistema assets in Rosneft case

New cyberattack spreads across Europe, hits Rosneft, Maersk Petya cyberattack: new ransomware spreading fast
Lillian Steele | 28 June, 2017, 05:17

English edition of Asharq Al-Awsat - the world's premier pan-Arab daily.

Russia's oil giant Rosneft said Tuesday that it was hit by a large-scale cyberattack on its servers, which has not affected its oil production due to a timely switch to a backup control system.

Rosneft is suing Sistema for 170.6 billion roubles ($2.9 billion) in damages over the purchase of oil producer Bashneft.

A massive cyberattack via a ransomware virus dubbed Petya has paralyzed dozens of businesses in Ukraine and neighboring Russian Federation, dpa cited state news agencies as reporting Tuesday.

New Zealand's government cyber safety authority Computer Emergency Response Team (CERT) has not yet had any reports of ransomware attacks, but offered security advice through its website.

The court will continue hearing the case on July 12, Russian news agencies reported.

As a result it could miss out on about 15 billion roubles in dividends from subsidiaries this year, potentially limiting its scope for acquisitions, according to analyst estimates.

In Ukraine, Yevhen Dykhne, director of Boryspyl Airport, said it had been hit by a cyber attack.

"According to our data, more than 80 companies in Russian Federation and Ukraine have suffered as a result of the attack with the help of the virus-encryptor Petya", head of Group-IB Valery Baulin was quoted by Russia's RNS news agency as saying.

One of the victims of Tuesday's cyber attack, a Ukrainian media company, said its computers were blocked and it had received a demand for $300 worth of the Bitcoin crypto-currency to restore access to its files.

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