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Taking note of the pervasive threat landscape, the US government has devoted more resources to building a team to protect citizens and businesses. Strengthen operational integration and collaboration with members of the energy sector. Q3 ‘22 saw a record number of attacks on the energy market, a trend that is not expected to slow down.
Resecurity, a Los Angeles-based cybersecurity company protecting Fortune 100 and government agencies worldwide, has compiled a comprehensive forecast outlining the imminent threats and novel security challenges anticipated in the upcoming year. Cybersecurity company Resecurity has published the 2024 Cyber Threat Landscape Forecast.
The energy and resources sector is undergoing a profound transformation driven by the global push toward sustainability, energy technological advancements, geopolitical risks, and increasing regulatory pressures in some areas of the world. Every digital fabric has horizontal and vertical digital threads. Digital twins are no different.
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.
Critically, the utility had in place an internal compliance program at the time of the violations. However, NERC determined that the quality of the compliance program was deficient in facilitating compliance with the CIP standards. Settlement Agreement at 12.
As more countries, companies and individuals seek energy sources beyond fossil fuels, interest in renewable energy continues to rise. In fact, world-wide capacity for energy from solar, wind and other renewable sources increased by 50% in 2023. What is renewable energy? trillion in 2023. trillion in 2023.
In the rapidly evolving digital landscape, information governance has become more critical than ever. Emerging technologies, regulatory changes, and shifting business models are reshaping how we approach information governance. Supporting Global Standards: Offering solutions adaptable to various international compliance requirements.
Follow this trajectory and you’ll push the envelope toward information governance (IG) and position yourself as a Very Important Person in your enterprise. That’s no coincidence because the tenets of records management are encompassed within IG (along with legal, privacy, risk/compliance, security, technology, etc.). 3 … 2 … 1 ….
Last week industry leaders, experts, and innovators gathered at the Houston Aquarium for the OpenText Energy Summit in Houston , a pivotal event driving conversations on the intersection of artificial intelligence, information management, and energy sector dynamics.
From taking a shower, to brewing your coffee, and watching the news, your morning routine is fueled by the energy sector. But the energy sector also underpins our emergency and response systems, our hospitals and healthcare, our schools, our businesses, and virtually everything we do as a society. The Rising Threat.
That pace is unlikely to slow down over the coming years; Pagely noted that organizations are still turning to IoT devices as a way to automate and optimize their business processes as well as save on energy costs. Meet security compliance regulations. billion in number and generate 79.4 zettabytes (ZB) of data by 2025.
These technologies drive innovation on their hybrid, multicloud journeys while focusing on resilience, performance, security and compliance. Companies are also striving to balance this innovation with growing environmental, social and governance (ESG) regulations.
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.
As cloud computing continues to transform the enterprise workplace, private cloud infrastructure is evolving in lockstep, helping organizations in industries like healthcare, government and finance customize control over their data to meet compliance, privacy, security and other business needs. billion by 2033, up from USD 92.64
The anonymous survey covered the utility, energy, health and transport sectors – industries renowned for keeping their activities secret because they store highly sensitive information and are responsible for essential services. Want NIS Regulations compliance advice?
Permissioned blockchains, or private blockchains,aren’t truly decentralized because they’re organized by a governance structure and authentication process for nodes. For advantages, private blockchains are more scalable and energy-efficient with suggested use cases of banking and supply chain management. Chronicled.
Customers for the privately-held customer include Fortune 100 organizations and government agencies. Security Qualifications Forescout solutions have obtained several different certifications and compliances including: U.S. The Platform hosts a collection of products that combine to provide more than basic network access control.
Related Stories Citing Attacks On Small Utilities, Dragos Launches Community Defense Program FBI: Iranian APT Targets Israeli-Made PLCs Used In Critical Industries China Calls Out U.S. Chris and I dig deep on this paradigm shift, and the growing focus within critical infrastructure sectors on resilience vs. simple compliance.
Big energy companies expect action whenever there is a move to end drilling leases for federal lands, in exchange for the tens of millions they contribute to congressional reelection campaigns. We should expect these techniques to get better and their utilization to grow, just as we’ve seen in so many other domains.
As with the first version of NIST’s Cybersecurity Framework, all companies should review the new version, determine its potential utility, and consider adopting, adapting or comparing the new Framework for use within their own cyber ecosystems. Significantly, version 1.1 Significantly, version 1.1
These solutions are designed to acquire, classify, validate, and convert business inputs into valuable data for use in business transactions, analytics, records management, discovery, and compliance applications. These solutions are increasingly utilized in end-to-end automation of business processes. grade schools).
The Cyberspace Administration of China will work together with relevant government agencies to formulate materials for the identification of “key information infrastructure” in their respective industry sectors and fields. View our English translation of the Draft Regulation.
While ESG seeks to provide standard methods and approaches to measuring across environmental, social and governance KPIs, and holds organizations accountable for that performance, sustainability is far broader. Sustainability and ESG: An opportunity for synergy Sustainability and ESG are not synonymous.
Hello and welcome to the IT Governance podcast for Friday, 10 August. Whatever your information security needs – whether regulatory compliance, stakeholder reassurance or just greater business efficiency – IT Governance can help your organisation to protect, comply and thrive. Here are this week’s stories.
Those same requirements of data compliance, data privacy, data sovereignty, data governance and data residency are just as relevant with connected products. and energy and utilities. Connected products send and receive lot of data to the cloud. There are laws dictating the collection and storage of all this data.
Some companies may not work to stay current with regulations that govern your industry. As such, outsourcing your records management to them could lead to compliance issues down the line. Government. Energy & Utilities. These industries include: Health care. Construction. Banking and finance.
ERP solutions are built to meet the needs of organizations across multiple industries including retail, consumer products, industrial, energy and utilities and government (including defense). Explore SAP consulting services The post Types of enterprise resource planning (ERP) systems appeared first on IBM Blog.
Compromised data includes victims’ names, addresses, phone numbers and Aadhaar numbers (a 12-digit government identification number). It remains unclear how the data breach occurred, but the attackers apparently suggested it was the result of “exploiting vulnerabilities within government databases of telecommunication systems”.
Source 1 ; source 2 New Healthcare USA Yes 12,539 Cal-Comp Electronics Source New Manufacturing Thailand Yes 12,000 Tax Favored Benefits Source New Finance USA Yes 10,974 US GAO (Government Accountability Office) Source New Public USA Yes 6,600 Dobson Technologies, Inc.
FBI InfraGard Best for critical infrastructure security InfraGard is a threat intelligence feed and network partnership between the FBI and other government agencies and interested private sector parties. The massive, crowdsourced approach OTX takes limits the possibility of effective quality assurance. critical infrastructure.
The lack of Telecoms infrastructure and digital skill development presents a hurdle; however, where investments by local government or overarching organisations close the gap, they will enable in particular economies with young populations. The Public Sector, which consists of Federal, State and Local Government (incl.
We each need to consider how these trends may affect our organizations and allocate our budgets and resources accordingly: AI will turbo-charge cybersecurity and cyberthreats: Artificial intelligence (AI) will boost both attackers and defenders while causing governance issues and learning pains.
Data Security Compliance Cybersecurity Critical Infrastructure Marcelo Delima | Senior Manager, Global Solutions Marketing More About This Author > Critical infrastructure (CI) has become a prime target for malicious actors seeking to manipulate, disrupt, or undermine the operation of industrial control systems (ICS).
FERC Announces New Cybersecurity Office : FERC has announced it is creating a new Office of Energy Infrastructure Security (“OEIS”) focused on potential physical and cybersecurity risks to energy facilities under its jurisdiction. The EO also provides guidance to federal government bodies regarding information sharing.
It requires technical innovation to mesh with supporting security standards and emerging government regulations much quicker and smoother than has ever happened in the Internet era. Infineon, for instance, is known for supplying secured, energy-efficient semiconductors and microcontrollers which are critical for IoT security.
The energy and utilities sector is primed for unprecedented disruption through innovation over the next five years. Across the globe, there is a concerted effort to decarbonize the energy system. Energy and utilities providers are increasingly pledging ambitious net-zero emission targets.
Prashant Parikh, erwin’s Senior Vice President of Software Engineering, talks about erwin’s vision to automate every aspect of the data governance journey to increase speed to insights. The clear benefit is that data stewards spend less time building and populating the data governance framework and more time realizing value and ROI from it.
Electric utilities in the United States are a major source of CO2 – they created 1.55 And according to the US Energy Information Agency, consumption is expected to grow by 50% by the year 2050. To get greener, electric utilities must digitally transform. The Slow Transition to Green Energy. Artificial Intelligence.
The Cybersecurity and Infrastructure Security Agency (“CISA”), a unit of the Department of Homeland Security, has already been tasked with producing a cloud-service governance framework and a standard incident response playbook for federal agencies pursuant to the Biden administration’s recently issued Executive Order on cybersecurity.
Document management: Compliance gets an upgrade The vision: AI governance moves from a topic of study to a business transformation imperative. As regulations like the EU Artificial Intelligence Act take center stage, organizations will re-focus content compliance efforts to ensure data privacy, security, and ethical AI practices.
Geographic Characteristics : The demand for IDP solutions varies by region, influenced by infrastructure availability, local technology conditions, investment opportunities, and compliance requirements. All business inputs are interpreted to understand the content, and where and why it is needed.
Last year, the government saw that even the most security-conscious organizations could not prevent cyber attacks. Their standard of compliance will instead be determined by the organizations’ consistency with the HIPAA Security Rule. Promoting best practices. About the essayist: Riyan N.
Without governance and rationalization of their software inventory, organizations will struggle to manage risk effectively, perpetuating a cycle of reactive defenses against an ever-growing threat landscape. These events point to an increased reliance on AI-driven threat detection and automated compliance tools.
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