ZeroFox Physical Security Intelligence Daily Brief - December 7, 2024

ZeroFox Physical Security Intelligence Daily Brief - December 7, 2024

ZeroFox physical security experts collect, curate, and analyze information derived from open and proprietary sources for comprehensive context of the circumstances surrounding global events. Here is today’s daily roundup of major developments.

Brief Highlights

• National Rail Says “Nationwide Fault” Disrupting Trains Across Britain
• Central Bank of Libya Contracts Printing of 30 Million Dinars Amid Liquidity Shortage
• Moldova to Declare State of Emergency in Energy Sector

National Rail Says "Nationwide Fault" Disrupting Trains Across Britain

A GSM-R radio system failure caused a nationwide disruption affecting nine UK rail lines, including the Elizabeth line and Gatwick Express. Train drivers were initially unable to log into the system automatically but used a manual backup to reconnect. National Rail assured there were no safety-critical issues as staff implemented workarounds. The rail network has confirmed the disruption has been mitigated and that services are returning to normal. Residual disruptions are likely to be present, for which travellers are advised to check live departure boards.

Central Bank of Libya Contracts Printing of 30 Million Dinars Amid Liquidity Shortage

The Central Bank of Libya has contracted a deal to print an additional LYD 30 million (USD 6.2 billion) to address an ongoing liquidity shortage. The currency will be used to replace old currency as a part of a long-term plan to ease the shortage. Meanwhile, the Central Bank announced plans to continue to develop electronic transfers and payment infrastructure, stating that individuals and businesses will be allowed to utilize LYD 20,000 per person for a transfer and up to LYD 100,000 for businesses to ease the need for additional liquidity. Libya's primary form of revenue is from its oil reserves and has experienced currency shortages since the toppling of Muammar Gaddafi during the Arab Spring in 2011.

Moldova to Declare State of Emergency in Energy Sector

Moldova plans to introduce a state of emergency in the energy sector to expedite decision-making and streamline resources to aid the sector amid any shortages. The state of emergency is largely a precautionary measure designed to preemptively combat the possibility of winter energy shortages. Winter energy emergencies occur regularly in Moldova; officials have declared similar emergencies in the energy sector every year since 2021. In August of 2024, Moldova's Energy Ministry announced it would declare an early state of emergency in the natural gas market this year, as officials expect some disruptions due to Russia's war in Ukraine. Effective January 1, 2025, Ukraine is set to halt the transit of Russian gas through Ukraine, which may increase energy costs for Moldova.