Tradeo ceased offering trading services last year in May. Trading and ancillary will not recommence, and the brand/platform will be permanently discontinued.
For the clients with remaining balances, kindly send a withdrawal request through your login or via chat or email. If there are any queries or concerns relating to your account or any other matter, please email us at [email protected]
The world’s most valuable oil producer found itself in hot water when hackers claimed to have confidential files that they would leak unless the Middle Eastern oil giant coughed up $50 million worth of cryptocurrency.
Files that allegedly belong to the company began appearing on the dark web on Tuesday, along with a demand for $50 million worth of cryptocurrency in return for the data being deleted. The extortionists, apparently a group known as ZeroX, claimed to have had 1 terabyte of Aramco proprietary data.
Reportedly, the group claimed to have documents pertaining to Saudi Aramco’s refineries located in multiple Saudi Arabian cities, including Yanbu, Jazan, Jeddah, Ras Tanura, Riyadh, and Dhahran. More specifically the documents consisted of:
-Full information on 14,254 employees.
-Internal analysis reports, agreements, letters, pricing sheets, etc.
-Project specification for systems related to/including electrical/power, architectural, engineering, civil, construction management, environmental, machinery, vessels, telecom, etc.
-Location map and precise coordinates.
-Network layout mapping out the IP addresses, Scada points, Wi-Fi access points, IP cameras, and IoT devices.
-List of Aramco’s clients, along with invoices and contracts.
Aramco quickly pointed fingers at a third-party contractor, denying any breach of its personal computer systems. The contractor was not identified, and it was unclear whether the data was obtained through hacking or leaking or some other way.
“We confirm that the release of data was not due to a breach of our systems, has no impact on our operations, and the company continues to maintain a robust cybersecurity posture.” The company said in an email.
A small portion of the Saudi Arabian Oil Co., better known as Saudi Aramco, is publicly traded on Riyadh’s Tadawul Stock Exchange. Reportedly, its stock stood at 34.90 riyals per share, or $9.30, after trading was suspended for the Muslim holiday Eid last Monday. That makes the company’s valuation roughly $1.8 trillion.
Legal disclaimer: The material does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instruments. UR Trade Fix Ltd accepts no responsibility for any use that may be made of these comments and for any consequences resulting in it. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. The analysis does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Past performance does not constitute a reliable indicator of future results and future forecasts do not constitute a reliable indicator of future performance.
It has not been prepared in accordance with legal requirements designed to promote the independence of research, and as such it is considered to be marketing communication. Although we are not specifically constrained from dealing ahead of the publication of our research, we do not seek to take advantage of it before we provide it to our clients. We aim to establish, maintain and operate effective organizational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. We operate a policy of independence, which requires our employees to act in our clients’ best interests when providing our services.