Siemens shares, Amazon shares in green: Russian ex-hackers work for western companies

According to the report published on Friday, a former employee of Moscow’s NTC Vulkan works for Siemens in Munich. The technology group wants to investigate the case: “We take it seriously and look at it,” said a spokesman. Because of data protection, nothing can be said about the identity of the employee. According to media reports, NTC Vulkan is building programs for the three Russian secret services FSB, GRU and SWR that enable cyber attacks on critical infrastructure that could derail trains or paralyze airport computers. NTC Vulkan was initially unavailable for comment.

The reports of impending cyber attacks are also alarming the federal government. “The security authorities assess the level of risk as high,” said a spokeswoman for the Federal Ministry of the Interior in Berlin. However, she did not want to comment on the specific case. She pointed out that the government had already decided last year to arm itself more strongly against cyber attacks. The Federal Office for Information Security (BSI) is being expanded for this purpose. Above all, the BSI protects the technology of the federal authorities.

In its report, the “Spiegel” relies on data from the Russian security apparatus that it has been given and which it has evaluated with other media. This would result in “potentially serious security gaps” for companies. NTC Vulkan was initially unavailable for comment.

According to the report, former employees of NTC Vulkan are also employed by the cloud provider Amazon Web Services (AWS) and the travel booking service providers Booking and Trivago. Amazon initially did not respond to a request from Reuters.

In XETRA trading, the Siemens share temporarily gained 0.79 percent to 149.70 euros. Amazon shares temporarily gained 0.78 percent to $102.80 in NASDAQ trading.

Munich/Berlin (Reuters)

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