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U.S. FERC Proposes Revisions to Cybersecurity Incentives for Utilities

Data Matters

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).

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Energy industry 2021 predictions

OpenText Information Management

2020 sent shock waves across oil and gas, utilities and mining organizations, creating dramatic shifts in supply and demand, revenue streams and productivity. As these companies head into 2021 they continue to face the fallout from disparate – yet equally challenging – business disruptors.

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DMEA Colorado electric utility hit by a disruptive cyberattack

Security Affairs

A ransomware attack hit an electric utility in Colorado causing a significant disruption and damage. The Delta-Montrose Electric Association (DMEA) is a local electric cooperative located in Colorado, it is part of Touchstone Energy Cooperatives. “DMEA was the victim of a cyber-attack on November 7, 2021.

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New APT ChamelGang Targets energy and aviation companies in Russia

Security Affairs

ChamelGang APT is a new cyberespionage group that focuses on fuel and energy organizations and aviation industry in Russia. ChamelGang is a new APT group that was first spotted in March by researchers at security firm Positive Technologies, it targets Russian companies in the energy and aviation industry. Pierluigi Paganini.

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CISA JCDC Will Focus on Energy Sector

Security Affairs

Going one step further, in 2021, the CISA announced the formation of the Joint Cyber Defense Collective (JCDC) , an initiative formulated to bring government and private industry representatives together to build operation plans for protecting and responding to cyber threats.

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Data Encryption Shields the Energy Sector Against Emerging Threats

Thales Cloud Protection & Licensing

Data Encryption Shields the Energy Sector Against Emerging Threats. Wed, 01/13/2021 - 09:42. 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. Cybersecurity challenges.

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Digital twins reimagined at scale for energy and resources 

OpenText Information Management

1 The ratio between man and machine All industries use machines, yet the energy and resources sector including utilities , oil and gas , chemicals , and metals & mining industries is the most capital intensive. trillion of annual capital investment is made in the energy industry today and by some estimates will grow to $9.2