Cyber Events Increase for Oil and Gas Orgs, Now Planning Should, Too

More oil and gas organizations (60 percent) reported “significant” cybersecurity events in 2017, up from 41 percent the previous year, according to Ernst & Young’s Global Information Security Survey, but just 17 percent feel comfortable detecting sophisticated cyberattacks.

Nearly all respondents (95 percent) say their cybersecurity efforts meet their organizational needs, even as the urgency is increasing. Greater adoption of connected devices in the industrial sector means that informational and operational technology have collided. With the industrial sector a key part of many supply chains, the time for attention to cyber-physical risks is now. The report indicated that while efforts to steal intellectual property, data, or finances have dropped for oil and gas organizations, malware and phishing efforts are on the rise.

Read more at https://www.advisenltd.com/2018/01/22/cyber-events-increase-oil-gas-orgs-now-planning/

Erin Ayers, Cyber events increase for oil and gas orgs, now planning should, too (January 22, 2018).

This story in an excerpt of the original. The content originally appeared in Advisen Cyber Front Page News.