Friday, June 14, 2024

Cyber Europe 2024

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The scenario of the exercise envisions a foreign power, political tension and attacks to the energy sector all across EU, targeting as well as digital infrastructure and public administration as secondary objectives to increase the pressure and incite chaos

The context – Energy sector

Cyberattacks on energy and commodities infrastructure are on the rise since 2017 with a record of the number of attacks in 2022.

Cybersecurity has emerged as a major threat to commodities industries and markets over the last decade, with hackers seeking to steal data and paralyse the flow of resources. As the energy infrastructure is critical to modern economies, oil and gas companies are therefore very attractive to cybercriminals. Facing this growing threat, it is crucial for energy industry leaders to take action to safeguard against the evolving attack landscape.

That’s why Cyber Europe decided to base its biennial pan-European exercise on this sector for its 7th edition!

The scenario

The energy sector, a critical component of the European economy, has become a prime target for cyber threats amidst the ongoing geopolitical tension between the European Union and the foreign nation Voltaros.

The European Union heavily relies on its energy infrastructure to sustain its economic growth and maintain the stability of its member states. Propaganda against the EU is rampant, and there are suspicions that APTs and other criminal groups are collaborating to shift the balance of power towards their political allies by targeting critical infrastructure.

Concerns are growing regarding the possibility of massive and destructive attacks aimed at destabilising the European economy causing a domino effect. The energy sector, being a vital pillar of the European Union’s economic stability, is at the forefront of these concerns. The European Union and its energy companies must remain vigilant and enhance their cyber posture to mitigate the potential impact of such targeted attacks.

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