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Cyber threats to oil and gas industry

03.03.2021
Rampton79356

Perhaps because the industry—engaged in exploration, development, and production of crude oil and natural gas—may simply feel like an unlikely target for cyber-attacks. The business is about barrels, not bytes. In addition, the industry’s remote operations and complex data structure provide a natural defense. With the exploitation of new cost-effective operational concepts, use of digital technologies and increased dependence on cyber structures, the oil and gas industry is exposed to new sets of vulnerabilities and threats, DNV GL writes in an article identifying the biggest cyber security threats to the oil and gas industry. According to the company, cyber-attacks have grown in stature and sophistication, making them more difficult to detect and defend against, and costing companies increasing Cyber Attacks on Oil and Gas, Energy, Utilities Companies in History Security threats to the oil and gas industry have already manifested across facilities worldwide with no signs of slowing down. In 2010, Stuxnet, a malicious computer worm , was used to hijack industrial control systems around the globe, including computers used to manage oil refineries, gas pipelines, and power plants. As the oil and gas industry increasingly implements digital technologies into its infrastructure and enterprise operations, threats of cyberattack also increase. The threat is very real. The following findings are from the 40 participants from the oil and gas (O&G) sector. 1. Employee awareness remains important. 2. Information security needs board-level attention. 3. The risk to reputation is rising. 4. A skilled cyber workforce is essential to keep pace with evolving threats. the door for cybersecurity threat, particularly in the oil and gas industry. Petroleum companies face significant threats, such as hydrocarbon installation terrorism, which can cause plant shutdowns resulting from sabotage and interruption of utilities. With the oil and gas sector fueling every aspect 2

All sorts of industrial facilities, like oil fields, pipelines and refineries, are vulnerable to cyber-attacks. The major security-related concerns in the oil and gas industry 

The Linking the Oil and Gas Industry to Improve Cybersecurity (LOGIIC) program is an ongoing collaboration of oil and natural gas companies and the DHS S&T. Texas-based oil and gas companies are said to be extremely vulnerable to cyber threats. And that's because the energy industry is inching towards digitalization 

Cyber Attacks on Oil and Gas, Energy, Utilities Companies in History Security threats to the oil and gas industry have already manifested across facilities worldwide with no signs of slowing down. In 2010, Stuxnet, a malicious computer worm , was used to hijack industrial control systems around the globe, including computers used to manage oil refineries, gas pipelines, and power plants.

“The primary cyber threat to oil and gas infrastructure comes from hostile states who are developing disruptive capabilities in order to deliver power projection for their own long-term What are the key cyber security challenges that Oil & Gas professionals should be aware of? When we talk about cybersecurity, the oil and gas industry has two main segments: there’s the IT environment and the operation technology, or OT, environment. aren’t addicted to oil, “but their cars are.” This pithy assessment underscores the modern world’s dependence on oil and illustrates why the industry’s security is critical to the security of every nation. From military aggression to cyber threats, the oil and gas sector is a high-profile target for adversaries intent on Concern about cybersecurity 2 is particularly high at oil and gas companies, which face a far wider spectrum of threats—threats that are potentially more severe—than do companies in most other industries. Transactions in the oil and gas arena are broad in scope—the life cycle of a transaction can include sensitive information on such diverse topics as possible well sites and end-user consumption—so the companies are vulnerable at many different points. The inherently risky nature of offshore oil & gas exploration & production activity is well known and this risk is exacerbated by risk of cyber attack, whether that be nation state led, corporate espionage or even terrorist activity.

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Oil and Gas companies may not care about espionage, but they are anxious about sabotage, because if somebody stops their daily operations or breaks some  operations in oil and gas, looked at cyber risks and the governance process at an overall O&G industry level; this follow-up explores the upstream value chain of  The methods that attackers use against oil and gas companies are evolving, as are methods used against the private sector more broadly. Cyber threats to oil and  Amsterdam, The Netherlands, 2018 5th Annual Cyber and SCADA Security for the Oil & Gas Industry 2018, one of the cyber security series' core event 7 Feb 2020 “The threats are real and they are happening,” said Eddie Habibi, founder and CEO of PAS Global, a leading cybersecurity firm. Petroleum and  Oil & Gas and other process automation networks face daily cyber and With Forescout's solution, cybersecurity stakeholders in the oil & gas industry can achieve Monitoring Industrial Control Systems to Improve Operations and Security.

The Linking the Oil and Gas Industry to Improve Cybersecurity (LOGIIC) program is an ongoing collaboration of oil and natural gas companies and the DHS S&T.

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