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Airport chaos underscores growing trend of high-profile ransomware attacks

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A weekend ransomware attack that crippled airport check-in systems across Europe has drawn attention to a new trend in cybercrime: hackers are increasingly targeting high-profile companies and infrastructure for both larger payouts and reputational clout, cybersecurity experts said.

The European Union’s cybersecurity agency ENISA confirmed on Monday that the attack on Collins Aerospace, a unit of RTX, was ransomware-based. The hack disrupted check-in and baggage systems since Friday, grounding flights and stranding thousands of passengers. The attackers’ identity remains unknown, with no ransomware group yet claiming responsibility on dark web leak sites.

Rafe Pilling, Director of Threat Intelligence at Sophos, noted that while most ransomware attacks remain financially motivated, a subset of operations is now engineered for maximum disruption: “They are becoming more visible and more ambitious.”

The strategy is not new but appears to be escalating. In April, the group Scattered Spider was linked to an attack on retailer Marks & Spencer that halted online orders for weeks. Britain’s National Crime Agency also charged two teenagers last week over a 2024 attack on Transport for London, tied to the same group. The FBI estimates Scattered Spider has been involved in around 120 network intrusions and netted $115 million in ransom payments.

Experts warn the trend poses greater systemic risks. Martyn Thomas, Emeritus Professor of IT at Gresham College, said software vulnerabilities and weak security practices continue to fuel the crisis: “If criminals were to decide to cause serious injury or many deaths, the same attack strategies could be used on critical systems in healthcare or major infrastructure.”

Another driver, analysts say, is reputation within cybercriminal networks. Pulling off high-impact breaches boosts a hacker’s credibility and standing among peers, creating a cycle of increasingly bold attacks.

The incident highlights the growing urgency for stronger software security and corporate defenses as ransomware groups become more emboldened, aiming not only for profit but also prestige.

Silicon Valley Startup Lyten Aims to Revive Europe’s Battery Ambitions by Acquiring Northvolt Assets

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Lyten, a U.S.-based startup specializing in lithium-sulphur battery technology, announced it will acquire the remaining assets of bankrupt European battery maker Northvolt in Sweden and Germany. This move could rekindle hopes for building a robust European electric vehicle (EV) battery industry and reduce dependency on Chinese suppliers.

About Lyten:
Founded in 2015 in California, Lyten began in a shipping container and has since attracted major backers including Stellantis, the parent of Chrysler, and logistics giant FedEx. The company develops lithium-sulphur battery cells, a promising alternative to conventional lithium-ion batteries. In 2024, Lyten unveiled plans to build the world’s first lithium-sulphur battery gigafactory in Reno, Nevada, with an investment exceeding $1 billion. Over the past year, Lyten has also acquired Northvolt’s U.S. R&D hub and Europe’s largest energy storage systems factory.

Northvolt’s Collapse:
Sweden’s Northvolt entered U.S. Chapter 11 bankruptcy in 2024 after struggling to scale production at its main plant despite strong demand and backing from automakers like BMW, Volkswagen, Volvo Cars, and Audi. The company once held a $50 billion order book, but bankruptcy wiped this out. Northvolt had raised over $10 billion since its founding in 2016 and employed over 6,000 people at its peak. Volkswagen and Goldman Sachs were among its largest shareholders.

Significance of Lithium-Sulphur Batteries:
Lithium-sulphur technology is seen as a game-changer for EV batteries because it can be up to two-thirds cheaper than lithium-ion cells. Unlike lithium-ion batteries, lithium-sulphur cells avoid costly and supply-concentrated materials like nickel, cobalt, and manganese, many of which are predominantly sourced from China. This makes lithium-sulphur batteries potentially cheaper and more sustainable.

Backers of Lyten:
Lyten has secured more than $625 million in funding from investors such as Stellantis, FedEx, Honeywell, Boeing and Airbus suppliers, venture capital firm Prime Movers Lab, and Canadian mining company Wallbridge.

Europe’s Ageing Power Plants Set for AI-Driven Data Centre Transformation

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Big tech firms, including Microsoft and Amazon, are eyeing Europe’s retiring coal and gas plants as prime locations for new data centres — tapping into their existing power grid connections, water infrastructure, and cooling systems to meet surging AI energy demands. Utilities such as Engie, RWE, and Enel see these conversions as a way to offset decommissioning costs, secure lucrative long-term power contracts, and underwrite future renewable projects.

Many of the EU’s and UK’s 153 remaining hard coal and lignite plants are scheduled to close by 2038, joining the 190 that have shut since 2005. Repurposing these sites offers utilities stable, high-margin revenues, with tech companies reportedly paying up to €20/MWh in “green premiums” for low-carbon electricity. Depending on scale — some data centres can require up to a gigawatt — such premiums could translate into contracts worth hundreds of millions to billions of euros over decades.

The approach also addresses one of Europe’s key data centre bottlenecks: grid connection delays, which can stretch over a decade. Converting old plants offers “speed to power,” significantly accelerating deployment timelines. Projects range from retrofitting existing sites to building “energy parks” pairing renewable generation with direct supply to data centres.

Engie is actively marketing 40 potential sites worldwide, including its decommissioned Hazelwood coal plant in Australia, while EDP, EDF, Enel, and Britain’s Drax are pursuing similar strategies. Some developments, such as a planned 2.5 GW facility at a former German coal plant and multiple UK sites, are already in motion — though details remain scarce for security reasons.

Industry analysts say the trend represents a diversification of utility business models, creating new revenue streams and fostering long-term tech–energy partnerships. For hyperscalers, the premium is worth paying if it secures earlier market entry in the AI race.