This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
On September 22, 2022, the Federal Energy Regulatory Commission (FERC) issued a Notice of Proposed Rulemaking (NOPR) regarding Incentives for Advanced Cybersecurity Investment, requesting comment on proposed revisions to regulations implementing the Federal Power Act (FPA).
The Reading Municipal Light Department (RMLD), an electric utility in Massachusetts, announced it was hit by a ransomware attack. This week, the Reading Municipal Light Department (RMLD), an electric utility in Massachusetts, announced it was hit by a ransomware attack. Online payment systems were not impacted by the attack.
Uncertainty has become the new norm in the energy industry and 2020 promises more of the same. This is due largely to the fact that the oil and gas and utility sectors are heavily impacted by some pretty intense forces – the geopolitical climate, trade tensions and economic fluctuations, just to name a few.
2020 sent shock waves across oil and gas, utilities and mining organizations, creating dramatic shifts in supply and demand, revenue streams and productivity. Mining companies, meanwhile, are … The post Energy industry 2021 predictions appeared first on OpenText Blogs.
Federal Bureau of Investigation (FBI) says it has disrupted a giant botnet built and operated by a Russian government intelligence unit known for launching destructive cyberattacks against energy infrastructure in the United States and Ukraine. energy facilities. billion euros in 2020 alone. Dragonfly 2.0, ” HYDRA. .
Data Encryption Shields the Energy Sector Against Emerging Threats. The energy sector is part of the critical national infrastructure (CNI), and delivers services that are essential for modern life. Energy services companies are a lucrative target for adversaries. Wed, 01/13/2021 - 09:42. Cybersecurity challenges. A recent U.S.
Worldwide demand for energy is growing faster than ever, leading to rapid changes in the energy industry and in the wider world beyond. Deloitte predicts companies in the oil and gas sector in 2020 will be “walking the tightrope,” and need to keep vigilant for both risks and opportunities.
Balancing speed and stability to reinvent utility operations for the energy transition. The COVID-19 pandemic has underscored our need for a reliable energy supply, which is something we typically take for granted. Today, utilities must respond to rapidly changing demand profiles caused by stay-at-home orders.
Since January 2020, affiliates utilizing LockBit have targeted organizations of diverse sizes spanning critical infrastructure sectors such as financial services, food and agriculture, education, energy, government and emergency services, healthcare, manufacturing, and transportation. on January 5, 2020.
Strategize your next move to become a utilities leader, delivering value at scale and pace. Mon, 02/03/2020 - 01:59. Additionally, utilities leaders say their IT investments have increased, and they have moved beyond progressing with discrete digital projects, such as mobile applications.
On September 22, 2022, the Federal Energy Regulatory Commission (FERC) issued a Notice of Proposed Rulemaking (NOPR) regarding Incentives for Advanced Cybersecurity Investment, requesting comment on proposed revisions to regulations implementing the Federal Power Act (FPA). The post U.S.
South African utility provider Eskom is still feeling effects of a cyber security incident (unknown). Australia’s Alinta Energy accused of putting customers’ sensitive information at risk (unknown). The post List of data breaches and cyber attacks in March 2020 – 832 million records breached appeared first on IT Governance UK Blog.
Insight-driven decisions are required to operate digital energy grids - and keep my EV charged. Last summer, I had an experience that made me realize how, in the future, utility network operators will need to work based on data they get from assets they may or may not own. Sun, 03/01/2020 - 22:58. Add new comment.
Balancing speed and stability to reinvent utility operations for the energy transition. The COVID-19 pandemic has underscored our need for a reliable energy supply, which is something we typically take for granted. Today, utilities must respond to rapidly changing demand profiles caused by stay-at-home orders.
The Darkside ransomware gang first emerged in the threat landscape in August 2020, in recent months the group was very active and targeted organizations worldwide. The pipeline allows carrying 2.5 ” reads a statement published by the gang on its leak site.
In March 2021, Puerto Rico Electric Power Authority (PREPA) power utility confirmed early this week that it has been hacked over the weekend. In June 2021, a large fire at the Luma’s Monacillo electrical substation in San Juan for Puerto Rico’s new electricity provider, Luma Energy, caused major blackouts across Puerto Rico on Thursday.
Because technology changes faster than regulatory standards, in 2020, FERC staff “reasoned that an incentive-based framework would allow a public utility to tailor its request for incentives to the potential challenges it faces and take responsive action. Background. FERC proposed two approaches for cybersecurity investment incentives.
Since August 2020, the group has launched its leak site to threaten its victim to release the stolen data. Recently the Conti gang hit the attack on the Australian energy CS Energy and threaten to leak the stolen files. Experts speculate the operators are members of a Russia-based cybercrime group known as Wizard Spider.
According to the press release published by the Department of State , the Lockbit ransomware operators carried out over 2,000 attacks against victims worldwide since January 2020. LockBit ransomware attacks have resulted in ransom payments exceeding $144 million for recovery. reads the press release published by DoJ.
Solving data challenges to accelerate the energy transition. Tue, 01/14/2020 - 02:21. The energy transition is a technological, cultural and organizational sea change—and data is the means by which utilities can solve the foundational challenges of the transition. ravi.kumarv@cgi.com. More complex coordination.
For 2020, the company estimates an overall 258 percent spike in the crime. To prove ownership over the hijacked firms, they hire low-wage image editors online to help fabricate and/or modify a number of official documents tied to the business — including tax records and utility bills. ” PHANTOM OFFICES.
Since January 2020, affiliates utilizing LockBit have targeted organizations of diverse sizes spanning critical infrastructure sectors such as financial services, food and agriculture, education, energy, government and emergency services, healthcare, manufacturing, and transportation. on January 5, 2020.
Today, additional criminal charges against Kondratyev were unsealed in the Northern District of California related to his deployment in 2020 of ransomware against a victim located in California.” on January 5, 2020. In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023.
Emerging business models in the utilities industry. In the utilities industry, new business models are emerging, many of which are closely linked to the pressing need to embrace a low carbon economy. This shift is driving changes in demand, caused by increased electrification, and in production, with more renewable energy generation.
K-Electric (KE) (formerly known as Karachi Electric Supply Company / Karachi Electric Supply Corporation Limited) is a Pakistani investor-owned utility managing all three key stages – generation, transmission and distribution – of producing and delivering energy to consumers. million customers and around 10,000 people.
” The list of vulnerabilities targeted by the Chinese hackers are: CVE-2020-5902 : F5 Big-IP Vulnerability – CISA has conducted incident response engagements at Federal Government and commercial entities where the threat actors exploited CVE-2020-5902. 1 ] continues the advisory.
Key strategies and technologies to help utilities respond to a “storm” never seen before. For more than three decades, I served at a leading electric utility, responding to numerous storms to keep the lights on for customers and to support critical infrastructure. COVID-19 considerations and how technology can help.
The attacks took place between mid-2019 and early 2021, the Russia-linked threat actor used a Kubernetes cluster to conduct anonymized brute force access against hundreds of government organizations and businesses worldwide, including think tanks, defense contractors, energy firms. ” reads the joint report.
The future of energy services: time for a step change in using data to improve the customer experience. While robotic process automation (RPA) can be used to automate many industry processes, how do utilities ensure they automate the right processes rather than just use “tech for tech’s sake”? Mon, 09/14/2020 - 12:13.
The "BLURtooth" flaw allows attackers within wireless range to bypass authentication keys and snoop on devices utilizing implementations of Bluetooth 4.0 through 5.0.
A joint research conducted by Mandiant with a collective of media outlets (including Papertrail Media, Der Spiegel, Le Monde, and Washington Post) focused on documents, dated between 2016 and 2020, belonging to NTC Vulkan (Russian: НТЦ Вулкан). ” concludes the report.
Congratulations to our 30 colleagues, including Kate Heinzelman and Tomoki Ishiara , for their election to the Sidley Austin partnership , effective January 1, 2020. Her practice focuses on investigations, counseling, and litigation on technology, privacy, and regulatory matters, particularly in the healthcare and life sciences sectors.
Congratulations to our 30 colleagues, including Kate Heinzelman and Tomoki Ishiara , for their election to the Sidley Austin partnership , effective January 1, 2020. Her practice focuses on investigations, counseling, and litigation on technology, privacy, and regulatory matters, particularly in the healthcare and life sciences sectors.
Utilities Digital Journey Insights (Part 3): Data, the new “digital capital” - Going beyond the hype of advanced analytics and AI. This series of blog posts builds on the 2018 CGI Client Global Insights, providing insights into how utilities are making progress toward digital transformation. So where do utilities stand?
Another vulnerability is related to the use of a vulnerable version of the rssh utility in these products to facilitate file uploads. and below, Valleylab FT10 Energy Platform (VLFT10GEN) software version 4.0.0 and below, and Valleylab FX8 Energy Platform (VLFX8GEN) software version 1.1.0 and lower and version 2.0.3
billion in reported losses, up from 2020’s 791,790 complaints and $4.2 Energy and utility companies have been some of the most high-profile cyber attacks in recent memory, such as the May 2021 Colonial Pipeline attack or the Delta-owned Monroe Energy attack in November 2021. billion in reported losses. billion.
The man was arrested at the end of August at the Seoul international airport, he has remained stuck in the Asian country since February 2020 due to the COVID-19 lockdown imposed by the local government and the cancelation of international travel. Targets included hospitals, schools, public utilities, and governments.
The threat of attacks against Critical National Infrastructure (CNI) – energy, utilities, telecommunications, and transportation – is now front of mind for many. From the ransomware attack that compromised a major U.S. gas pipeline in 2021 to the rise of nation-state attacks, critical infrastructure organizations are under siege.
Crypto firm Nomad loses nearly $200 million in bridge hack (unknown) Solana and Slope confirm wallet security breach (8,000) Malaysian payment gateway platform iPay88 suffers data leak (unknown) Ypsilanti-area utility customers’ bank information exposed (2,00) Chester Upland schools victim of BEC scheme to the tune of $3 million (unknown).
A string of Governmental announcements have increasingly sounded the alarm about the growing cybersecurity threat facing the energy sector. Among other things, these reports have announced that state-sponsored cyber actors have successfully gained access to the control rooms of utilities. Mandated Expansion of Reliability Standards.
Electric grid utilities are deploying smart meters to better correspond to consumers energy demands while lowering costs. Tue, 02/16/2021 - 16:33. Digital technology and connected IoT devices have proliferated across industries and into our daily lives.
The Critical Infrastructure edition of the 2024 Thales Data Threat Report highlights the threats that businesses in the Energy, Utilities, Telecom, Transportation, and Logistics sectors face. According to the International Energy Agency , these attacks at least doubled across most sectors between 2020 and 2022.
Demand response is one of many resources that have been used to satisfy the increasing demand for electricity, but with net energy consumption remaining relatively static in recent years, what is the future role, if any, for demand response? To begin with, the growing use of low-carbon technologies could increase net energy use again.
Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. trillion, up from USD 864 billion in 2019 to 2020. What’s at stake?
We organize all of the trending information in your field so you don't have to. Join 55,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content