Category Archives: Energy & Utility

Water facilities warned to improve cybersecurity

Posted on by

United States water facilities, which include 150,000 public water systems, have become an increasingly high-risk target for cyber criminals in recent years. This rising threat has demanded more attention and policies focused on improving cybersecurity. Water and wastewater systems are one of the 16 critical infrastructures in the U.S. The definition for inclusion in this […]

The post Water facilities warned to improve cybersecurity appeared first on Security Intelligence.

Continue reading Water facilities warned to improve cybersecurity→

The UK energy sector faces an expanding OT threat landscape

Posted on by

Critical infrastructure is under attack in almost every country, but especially in the United Kingdom. The UK was the most attacked country in Europe, which is already the region most impacted by cyber incidents. The energy industry is taking the brunt of those cyberattacks, according to IBM’s X-Force Threat Intelligence Index 2024. The energy sector […]

The post The UK energy sector faces an expanding OT threat landscape appeared first on Security Intelligence.

Continue reading The UK energy sector faces an expanding OT threat landscape→

Third-party breaches hit 90% of top global energy companies

Posted on by

A new report from SecurityScorecard reveals a startling trend among the world’s top energy companies, with 90% suffering from data breaches through third parties over the last year. This statistic is particularly concerning given the crucial function these companies serve in everyday life. Their increased dependence on digital systems facilitates the increase in attacks on […]

The post Third-party breaches hit 90% of top global energy companies appeared first on Security Intelligence.

Continue reading Third-party breaches hit 90% of top global energy companies→

Today’s Biggest Threats Against the Energy Grid

Posted on by

Without the U.S. energy grid, life as we know it simply grinds to a halt. Businesses can’t serve customers. Homes don’t have power. Traffic lights no longer work. We depend on the grid operating reliably each and every day for business and personal tasks. That makes it even more crucial to defend our energy grid […]

The post Today’s Biggest Threats Against the Energy Grid appeared first on Security Intelligence.

Continue reading Today’s Biggest Threats Against the Energy Grid→

2022 Industry Threat Recap: Energy

Posted on by

In 2022, 10.7% of observed cyberattacks targeted the energy industry, according to the X-Force Threat Intelligence Index 2023. This puts energy in fourth place overall — the same as the year prior and behind manufacturing, finance and insurance and professional and business services. The report notes that this reduction in total cyberattacks may be partly […]

The post 2022 Industry Threat Recap: Energy appeared first on Security Intelligence.

Continue reading 2022 Industry Threat Recap: Energy→

X-Force 2022 Insights: An Expanding OT Threat Landscape

Posted on by

This post was written with contributions from Dave McMillen. So far 2022 has seen international cyber security agencies issuing multiple alerts about malicious Russian cyber operations and potential attacks on critical infrastructure, the discovery of two new OT-specific pieces of malware, Industroyer2 and InController/PipeDream, and the disclosure of many operational technology (OT) vulnerabilities. The OT cyber threat landscape […]

The post X-Force 2022 Insights: An Expanding OT Threat Landscape appeared first on Security Intelligence.

Continue reading X-Force 2022 Insights: An Expanding OT Threat Landscape→

One Year After the Colonial Pipeline Attack, Regulation Is Still a Problem

Posted on by

The Colonial Pipeline cyberattack is still causing ripples. Some of these federal mandates may mark major changes for operational technology (OT) cybersecurity. The privately held Colonial Pipeline company, which provides nearly half of the fuel used by the East Coast — gasoline, heating oil, jet fuel and fuel for the military totaling around 100 million […]

The post One Year After the Colonial Pipeline Attack, Regulation Is Still a Problem appeared first on Security Intelligence.

Continue reading One Year After the Colonial Pipeline Attack, Regulation Is Still a Problem→

Lessons Learned by 2022 Cyberattacks: X-Force Threat Intelligence Report

Posted on by

Every year, the IBM Security X-Force team of cybersecurity experts mines billions of data points to reveal today’s most urgent security statistics and trends. This year’s X-Force Threat Intelligence Index 2022 digs into attack types, infection vectors, top threat actors, malware trends and industry-specific insights.  This year, a new industry took the infamous top spot: […]

The post Lessons Learned by 2022 Cyberattacks: X-Force Threat Intelligence Report appeared first on Security Intelligence.

Continue reading Lessons Learned by 2022 Cyberattacks: X-Force Threat Intelligence Report→

A New Cybersecurity Executive Order Puts the Heat on Critical Infrastructure Suppliers

Posted on by

Ransomware. Five years ago, the cybersecurity community knew that term well, although among others it was far from dinner table conversation. Times have changed. Since early 2020, ransomware has hit a slew of headlines. People inside and outside of the security industry are talking about it, and many have experienced the ransomware pain firsthand. The […]

The post A New Cybersecurity Executive Order Puts the Heat on Critical Infrastructure Suppliers appeared first on Security Intelligence.

Continue reading A New Cybersecurity Executive Order Puts the Heat on Critical Infrastructure Suppliers→

Report: Cost of a Data Breach in Energy and Utilities

Posted on by

On average, the cost of a data breach rose by 10% from 2020 to 2021. The energy industry ranked fifth in data breach costs, surpassed only by the health care, financial, pharmaceutical and technology verticals, according to the 17th annual Cost of a Data Breach Report. Some energy cybersecurity measures can help reduce the cost […]

The post Report: Cost of a Data Breach in Energy and Utilities appeared first on Security Intelligence.

Continue reading Report: Cost of a Data Breach in Energy and Utilities→