cybersecurity

Companies now have 24 hours to report hacks and are poised to get more flexibility to design their defenses.

Eighteen energy corporations have agreed to cooperate to strengthen infrastructure across the industry ecosystem. The pledge was announced during the World Economic Forum's 2022 annual meeting.

DNV’s report reveals that energy professionals believe cyberattacks on the industry are likely to cause harm to life, property, and the environment in the next 2 years but less than half of them believe that the security of their operational technologies is as robust as that of their information technology.

As technology advances in the oil and gas sector, so does cybersecurity risk. To stay secure, companies should blend cybersecurity into their safety conversations, said expert Nicholas Andersen at the 2022 Offshore Technology Conference.

A recent survey sponsored by ABS Group revealed that 45% of participants estimate the threats to their control systems are high and another 15% said they were severe or critical.

The goal of this paper is to aid oilfield security planning and design processes through improved recognition of the cyber-physical security effects arising from the implementation of the industrial Internet of Things.

This paper describes the current challenges faced by energy companies, the implications of observable industry trends, the characteristics that potential cybersecurity solutions must meet, and how artificial intelligence (AI) and machine learning (ML) can meet these requirements.

Company says the acquisition of Applied Risk will allow it to safeguard critical infrastructure in the renewables, power grid, and oil and gas sectors.

The advantages of merging the realms of information technology (IT) and operational technology (OT) are obvious: cost reduction, improved capabilities, and greater efficiency. These advantages, however, come with a cost because they have affected the way that industrial control systems operate and have increased the exposure of industrial control systems to cyber risk…

The SEC has signaled that it has started taking cyber vulnerabilities much more seriously than it has in the past. Two recent fines signal that the agency views lax cybersecurity as an existential threat to businesses and is willing to penalize companies who fall short.