BRUSSELS PUSHES FOR REFORM ON EMISSIONS REGISTRIES TO FIGHT CYBER-CRIMINALS
March 1st, 2011
BY KEITH NUTHALL
THE EUROPEAN Commission has proposed short-term reforms to the European Union's (EU) carbon emissions trading registries, after being found vulnerable to cyber-attacks in January. Brussels suspended spot trading on the EU emissions trading scheme after the digital theft through Austrian, Czech and other national markets of Euro 30 million's worth of emissions credits. This trading started to be restored, registry-by-registry, after national registries demonstrated sufficient security safeguards to oppose future electronic thefts and sales of ...
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