Cyberattack Delays Fuel Price Hike in Cuba

Cuba put off an unpopular five-fold increase in gasoline prices planned for February 1 due to a cyberattack. The sudden development happened hours before the hike was to take effect. The cause of the hack of the computer systems for the marketing of fuels was identified as a virus from abroad.

In late December, Cuba announced a series of measures, including hikes in fuel and public transport prices, which the government says are necessary to narrow a ballooning fiscal deficit. For weeks, Cubans have fretted about the proposed fuel price hike that would put a 40-liter tank of gasoline out of reach for those living on an average state salary. Many residents welcomed the delay brought about as a consequence of this cyberattack. Read more about this story on our LinkedIn page

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