Canadian Security Magazine

CSIS doc says Canadian energy firms at risk from cyber attacks

By Staff   

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According to a recent CBC web article, last year the Canadian Security Intelligence Service warned energy companies about an increasing risk of cyber espionage and attacks on pipelines, oil storage and shipment facilities and power transmission towers using homemade explosives, according to a classified document obtained by Reuters.

The article states the document features speaking notes prepared for a CSIS briefing with energy and utilities sector stakeholders, and an unidentified official specifies a threat from foreign state-owned firms looking for confidential information about investments or takeovers:

“You should expect your networks to be hit if you are involved in any significant financial interactions with certain foreign states,” the official said in the document, obtained by Reuters under Access to Information law.

The document also warned the sector was “vulnerable to explosives” and identified potential targets. In the document, the CSIS official referred to “terrorist attacks” since 2014 in Canada and abroad, saying even large-scale attacks are “technically simple.”

For the full article, click HERE.

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