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Cybersecurity

Cyberattack Hits Germany’s Domestic Fuel Distribution System

  • Mabanaft declares force majeure on storage and distribution
  • Company declined to say whether ransom is being sought
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Germany’s domestic fuel-distribution system was disrupted by a cyberattack -- less than a year after the largest refined petroleum pipeline in the U.S. fell victim to one of the most damaging hacks ever seen the oil market.

Oil trader Mabanaft, which distributes diesel, gasoline and heating oil, declared force majeure on supplies within the country following a Jan. 29 breach that targeted its fuel storage and distribution business. The legal clause covers a company when it can’t honor contractual commitments due to events beyond its control.