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Carbon Trading Halted After EU Exchange Is Hacked

Posted by timothy on from the can-we-have-a-mulligan dept.

chicksdaddy writes "The European Commission (EC) suspended trading in carbon credits on Wednesday after unknown hackers compromised the accounts of Czech traders and siphoned off around $38 million, Threatpost reports. EU countries including Estonia, Austria, The Czech Republic, Poland and France began closing their carbon trading registries yesterday after learning that carbon allowances had been siphoned from the account of the Czech based register. A notice posted on the Web site of the Czech based registry said that it was 'not accessible for technical reasons' on Thursday and the EC issued an order to cease spot trading until January 26 so that it can sort out what appears to be chronic security lapses within the system."

7 of 228 comments (clear)

  1. The question I have is by scosco62 · · Score: 1, Funny

    How much Carbon Credits do I get for the consumption of Jolt and Baconnaise sammichs? Is it prorated if I code in Perl?

  2. It wasn't me by Huzzah! · · Score: 5, Funny

    I don't take Czechs.

  3. Awww, the widdle carbon twaders faw down go boom by Caerdwyn · · Score: 1, Funny

    A sense of schadenfreude without the usual guilt is giving a bounce to my steps. Cap-and-traders got their noses bloodied, tra-la-la-la-la!

    --
    Everybody gets what the majority deserves.
  4. Re:Wait, carbon trading wasn't a scam to BEGIN wit by I8TheWorm · · Score: 2, Funny

    Apparently you and I have completely different mechanisms for drawing conclusions.

    --
    Saying Android is a family of phones is akin to saying Linux is a family of PCs.
  5. Re:Wait, carbon trading wasn't a scam to BEGIN wit by I8TheWorm · · Score: 3, Funny

    Congratulations! You've won $38MM in carbon credits!

    --
    Saying Android is a family of phones is akin to saying Linux is a family of PCs.
  6. Re:Wait, carbon trading wasn't a scam to BEGIN wit by spun · · Score: 3, Funny

    Excellent! Tacos al carbon for everybody!

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  7. Re:Wait, carbon trading wasn't a scam to BEGIN wit by Pharmboy · · Score: 3, Funny

    Congratulations! You've won $38MM in carbon credits!

    Sorry, guess he didn't after all. The Czech bounced.

    --
    Tequila: It's not just for breakfast anymore!