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The Energy and Utilities sector is undergoing rapid transformation, driven by decarbonization goals, changing consumer demands and technological advancements.
The US FERC and NERC published a study on cyber incident response at electric utilities that also includes recovery best practices. Federal Energy Regulatory Commission (FERC) and the North American Electricity Reliability Corporation (NERC) released a study on cyber incident response and recovery best practices for electric utilities.
This effort began with the 2018 establishment of the Cybersecurity and Infrastructure Security Agency (CISA) , a Department of Homeland Security division. Strengthen operational integration and collaboration with members of the energy sector. Not long after, attackers targeted six stations in the Pacific Northwest.
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).
Searchlight Cyber researchers warn of threat actors that are offering on the dark web access to energy sector organizations. Dark web intelligence firm Searchlight Cyber published a report that analyzes how threat actors in the dark web prepare their malicious operations against energy organizations.
A phishing campaign employing QR codes targeted a leading energy company in the US, cybersecurity firm Cofense reported. “Beginning in May 2023, Cofense has observed a large phishing campaign utilizing QR codes targeting the Microsoft credentials of users from a wide array of industries.”
This is the first time the Department of Energy will test the electrical grid’s ability to recover from a blackout caused by cyberattacks. According to the E&E News website, the Department of Energy plans to conduct a weeklong experiment, dubbed ‘Liberty Eclipse,’ that will take place starting Nov.
Cybersecurity company Resecurity has published the 2024 Cyber Threat Landscape Forecast. 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.
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.
Utility Vendors Have Cut Back on Buying Chinese Transformers Due to Security Risks Utility companies have increasingly refrained from purchasing large power transformers from China given greater awareness of the security risks.
Data from Barracuda cybersecurity researchers identified a 667% increase in spear-phishing attacks between the end of February and the following month. Real-Life Examples of Spear-Phishing Attacks in the Energy Production Sector. The threat of spear-phishing for energy companies is, unfortunately, not a theoretical one.
has indicted four Russian government employees for their role in cyberattacks targeting hundreds of companies and organizations in the energy sector worldwide between 2012 and 2018. According to the indictment, the campaigns against the energy sector campaign involved two phases. and international Energy Sector organizations. .
Previously Unnamed Utility Reached Record $2.7 energy company that agreed to a record $2.7 million settlement after it left 30,000 records about its information security assets exposed online for 70 days in violation of energy sector cybersecurity regulations has been named as California utility PG&E.
Eskom transforms inputs from the natural environment – coal, nuclear, fuel, diesel, water, and wind – into more than 90% of the energy supplied to a wide range of customers in South Africa and the Southern African Development Community (SADC) region. Government of the Republic of South Africa owned utility ESKOM Hld SOC Ltd.
The Federal Bureau of Investigation (FBI), National Security Agency (NSA), US Cyber Command, and international partners released a joint Cybersecurity Advisory (CSA) to warn that Russia-linked threat actors are using compromised Ubiquiti EdgeRouters (EdgeRouters) to evade detection in cyber operations worldwide.
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
RedEnergy is a sophisticated stealer-as-a-ransomware that was employed in attacks targeting energyutilities, oil, gas, telecom, and machinery sectors. Zscaler ThreatLabz researchers discovered a new Stealer-as-a-Ransomware named RedEnergy used in attacks against energyutilities, oil, gas, telecom, and machinery sectors.
Cybersecurity in utilities: Critical questions for securing distributed energy resources (DERs). The energy transition is driving a shift toward the increasing use of distributed energy resources (DERs). From a cybersecurity perspective, DERs pose new and unique challenges for utilities.
It is for these same reasons that some RaaS (Ransomware as a Service) offerings utilize the language as well. “ The Snake ransomware targets files associated with SCADA platforms, enterprise management tools, and system utilities. One such example would be Project Root.
To tap the full potential of massively interconnected, fully interoperable digital systems we must solve privacy and cybersecurity, to be sure. IOWN is all about supporting increased bandwidth, capacity and energy efficiency. Each sensor in each shroud must be uniquely smart and use next to zero energy.
US and UK cybersecurity agencies said the Russia-linked APT28 group is behind a series of large-scale brute-force attacks. US and UK cybersecurity agencies published a joint alert about a series of large-scale brute-force conducted by the Russia-linked APT28 group. ” reads the joint report.
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.
Mint Sandstorm also used custom tools in selected targets, notably organizations in the energy and transportation sectors. The group rapidly weaponized N-day vulnerabilities in popular enterprise applications by using publicly disclosed POCs.
The attacks targeted a major utility provider, a university, and a government agency in the United States, a health agency in Canada, a health insurance provider, an energy company in Australia, and a European medical publishing company to deliver various malware families.
Critically, the utility had in place an internal compliance program at the time of the violations. The Settlement Agreement is heavily redacted in places, including redactions of the utility’s name, so as not to disclose sensitive information about the utility’s cyber defenses and/or in any way compromise the bulk power system.
Power modules must continue to advance; energy consumption of big digital systems must continue to become more and more efficient to support the smart commercial buildings and transportation systems of the near future, Rosteck says. Energy at the edges. How microcontrollers distribute energy is a very big deal. comes into play.
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. FERC proposed two approaches for cybersecurity investment incentives. 5, 2021).).
Energyutilities and oil and gas, but also water utilities and transportation systems, are privileged targets of nation-state actors. ” concludes the report. . ” concludes the report.
The US DHS Cybersecurity & Infrastructure Security Agency (CISA) issued a security advisory to warn of three recently patched flaws in Medtronic Valleylab products that could be exploited to install a non-root shell. and below, Valleylab FT10 Energy Platform (VLFT10GEN) software version 4.0.0 Apply defense-in-depth strategies.
It is not just about security, but in utilizing Blockchain to secure your company and your information. But it is not just about security, but in utilizing Blockchains to secure your company and your information. Energy Efficiency. Securi ty Affairs – blockchain, cybersecurity). What Does IT Stand For? Smart Contracts.
This escalation of reconnaissance is being closely monitored by the global cybersecurity and intelligence communities. Here are a few key things everyone should understand about the cybersecurity ramifications spinning out of the Soleimani assassination. Grimes, a data defense expert at cybersecurity training vendor KnowBe4.
Malware is currently delivered from: 'hxxps://customermgmt.net/page/macrocosm' #cybersecurity #infosec — USCYBERCOM Malware Alert (@CNMF_VirusAlert) July 2, 2019. These executables are both downloaders that utilize powershell to load the PUPY RAT. Most of the targets were in the Middle East, others were in the U.S.,
Table of Contents What Are the Cybersecurity Risks of 5G? What Are the Cybersecurity Risks of 5G? In a year where cybersecurity’s gotten its share of major media attention, the U.S. Here we’ll discuss the most significant risks posed by 5G, how U.S. NTIA and CISA: Memos from the Feds What is 5G? How is 5G Different?
We’ll look at what blockchain technology is, how its development relates to cybersecurity, and the state of blockchain-based security solutions. For advantages, private blockchains are more scalable and energy-efficient with suggested use cases of banking and supply chain management. Blockchain-Powered Cybersecurity Vendors.
DigiCert polled some 300 IT, cybersecurity and DevOps professionals across North America, Europe and APAC. In visiting our customers over the past 18 months, I’ve seen a newfound energy for closely examining and more effectively managing PKI infrastructure, both internally and externally,” he says.
New technologies are shaping the way we produce, distribute and consume energy. alone has installed nearly 10,000 electricity generation units, connected by more than 300,000 miles of transmission lines and capable of generating over a million megawatts of energy. Historically, the power grid has been a one-way street.
“The Cybersecurity and Infrastructure Security Agency (CISA) has consistently observed Chinese Ministry of State Security (MSS)-affiliated cyber threat actors using publicly available information sources and common, well-known tactics, techniques, and procedures (TTPs) to target U.S. 1 ] continues the advisory.
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.
In fact, memory attacks have quietly emerged as a powerful and versatile new class of hacking technique that threat actors in the vanguard are utilizing to subvert conventional IT security systems. That’s Gartner’s estimate of global spending on cybersecurity in 2017 and 2018. Instead, memory attacks are transient.
This blog series discusses the complex tasks energyutility companies face as they shift to holistic grid asset management to manage through the energy transition. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.
On April 17, the National Institute for Standards and Technology (NIST) released an updated version of its standard-setting Cybersecurity Framework. Commerce Secretary Wilbur Ross announced the new release with a statement saying the “Cybersecurity Framework should be every company’s first line of defense” and “adopting version 1.1
A major focus of cybersecurity as an industry is its efforts to detect, root out, and respond to potential fraudsters attempting to trick companies and people out of their money, data, or both. This made a lot of sense, especially in the earlier days of the Internet where cybersecurity measures were nowhere near as robust as they are today.
On October 31, 2016, the Standing Committee of the National People’s Congress of China held a third reading of the draft Cybersecurity Law (the “third draft”). As we previously reported , the second draft of the Cybersecurity Law was published for comment in June.
Tiao was featured on Platts Energy Week discussing the importance of the homeland security partnership between electric utility companies and the U.S. View the Platts Energy Week feature with Paul Tiao. government. In the feature, “U.S. The leak of the memo has undermined that trust.
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