Thursday, February 4, 2010

Hackers steal emissions trading certificates

Deutsche Welle reported on Wednesday that hackers have launched a massive phishing attack on the German Emissions Trading Authority. Hackers have reportedly reaped millions of euros in fraudulent emissions trading certificates. This had brought the Europen trade in CO2 emissions permits to a virutal standstill after it became public that computer hackers have cracked security codes to gain access to company accounts. In the attack, companies involved were asked to re-register with the German Emissions Trading Authority (DEHSt). Companies which did so suffered huge losses as the hackers stole and then sold their carbon permits on the European emissions market.

To read the full article on the Deutsche Welle website, click here.

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