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The Saipem FDS 2 moored off Cyprus. Photo: Athanasios Gioumpasis/Getty Images

Two days after researchers identified a new variant of Shamoon, an Italian oil drilling company admitted the infamous malware was used in an attack against the company earlier this week.

Why it matters: Shamoon is destructive malware that has only been seen in the wild three times since 2012 (and one of those is in dispute), including some of the most famous cyberattacks in history. Its return has raised eyebrows.

Saipem, the Italian energy firm, now says an attack it announced on Monday "hit servers based in the Middle East, India, Aberdeen and, in a limited way, Italy through a variant of Shamoon malware."

Shamoon is wiper malware, meaning that it renders files unusable in bulk. Chronicle, Alphabet's cybersecurity arm, has identified several anomalies in the new sample as compared to past attacks.

  • Most victims of Shamoon have been in the oil and gas industry.

Go deeper

Updated 1 hour ago - Technology

Mayors see cryptocurrency as a way to address income inequality

Illustration: Sarah Grillo/Axios

At the U.S. Conference of Mayors' meeting in D.C. this week, there's buzz around the idea of giving cryptocurrency accounts to low-income people.

Why it matters: Cities have been experimenting with newfangled ways to address income inequality — like guaranteed income programs — and the latest wave of trials could involve paying benefits or dividends in bitcoin, stablecoin or other digital currencies.

Updated 1 hour ago - Politics & Policy

Omicron dashboard

Illustration: Aïda Amer/Axios

  1. Health: FDA OKs antiviral drug remdesivir for non-hospitalized COVID patients — Walensky: CDC language "pivoting" on "fully vaccinated" — Fauci: "Confident" Omicron cases will peak in February
  2. Vaccines: Team USA 100% vaccinated against COVID ahead of Beijing Olympics — Kids' COVID vaccination rates are particularly low in rural America — Annual COVID vaccine preferable to boosters, says Pfizer CEO.
  3. Politics: Arizona governor sues Biden administration over COVID funds tied to mandates — Biden concedes U.S. should have done more testing — Arizona says it "will not be intimidated" on anti-mask school policies.
  4. World: Greece imposes vaccine mandate for people 60 and older — Austria approves COVID vaccine mandate for adults — Beijing officials urge COVID-19 "emergency mode" before Winter Olympics.
  5. Variant tracker
Updated 4 hours ago - Sports

Experts predict major boom for North American sports stadiums

Rendering of the $375 million Moody Center on the UT-Austin campus. Photo courtesy of Moody Center

Stadium and arena construction in North America will total a relatively tame $5.8 billion this year, a 12% decrease from 2021.

The big picture: What the industry lacks in construction it expects to make up for in design, with experts predicting a sports venue boom over the next half-decade, SBJ reports.