The Universal Truth Lies in Anime

Karin Ishida, from Ishida Finance, preparing the takeover of the world carbon market

Hackers stole two million tonnes of polluting rights in a five-day raid this week on the European Union’s carbon emissions trading system, an EU source said on Thursday.

The volume of carbon credits stolen in online action, which a European Commission spokeswoman was “possibly concerted”, represents just a fraction of global industrial greenhouse gas permits, but is potentially worth many millions of euros.

The scale of the theft, which involved five unnamed EU states, was revealed a day after Brussels shut all 27 national trading registries for a week, citing inadequate online protection. Credits stolen just from the Czech Republic were worth seven million euros.

Hackers in muti-million euro raid on carbon credits, AFP, 20 January 2011

The Czech incident was preceded by an anonymous bomb threat made by telephone to Czech State Police, saying there were explosives at the location of the registry in Prague. Police cleared the building that houses the registry for five hours while they searched for explosives, though no such devices were found, according to a police statement.

The bomb threat and evacuation left the trading system and the allowances held in its accounts unmonitored for the afternoon.

While the registry was empty and employees weren’t monitoring their workstations, hackers broke into the registry’s computer system, changed account-ownership information and executed illegal trades.

EU Says $38 Million Lost in Carbon-Trading Theft , WSJ, 20 January 2011

See Also : Karin Ishida, The mastermind behind Sergey Aleynikov

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