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CYBERSECURITY FOR THE ENERGY & UTILITIES INDUSTRY

Energy and Utilities providers face persistent cyber threats from terrorists, agents of industrial espionage, and malicious insiders, as well as inadvertent compromises due to user error. Having the right security controls in place can greatly reduce the risk of a successful cyber-attack.

INDUSTRY OVERVIEW AND CHALLENGES

The Energy and Utility industries have experienced significant changes in recent years, including increased connectivity of SCADA systems, process control systems, and infrastructure for critical products and services. The rise of cyber threats from terrorists, industrial espionage agents, malicious insiders, and user error has raised national and international attention to ensuring the security of critical information infrastructure.

The cost of cyber-attacks rises every year, resulting to significant impact affecting corporations centrally, as for example in the case of the ‘Night Dragon’ attacks targeting the UK energy industry that cost over €30bn a few years ago. As cyber security and critical infrastructure protection are becoming a top priority in national governments, there will be significant changes in this area in the next years.

ENERGY & UTILITIES INDUSTRY CASE STUDY

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BENEFITS

Companies can benefit from the use of Managed Detection and Response for the Energy & Utilities sector

  • Address the protection of critical assets, infrastructure and data

  • Develop and manage policies and procedures

  • Ensure compliance with Industry standards, government regulations, and security best practices

  • Reduce operating costs (OPEX) and required capital expenditures (CAPEX) from purchasing and owning IT infrastructure

  • Provide with threat intelligence, visibility and situational awareness

  • Safeguard reliability, customer confidence and brand reputation