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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. Downloading them infected a user’s system with a type of trojan spyware not previously seen in other utilities industry cyberattacks. Not a New Concern.
Kaspersky researchers reported that tens of thousands of devices belonging to industrial and government organizations worldwide have been hit by the PseudoManuscrypt spyware. Thus, we cannot say for certain whether the campaign is pursuing criminal mercenary goals or goals correlating with some governments’ interests.
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.
In the most recent campaign, the group targeted organizations in the communications, manufacturing, utility, transportation, construction, maritime, government, information technology, and education sectors. The Volt Typhoon group has been active since at least mid-2021 it carried out cyber operations against critical infrastructure.
In the most recent campaign, the group targeted organizations in the communications, manufacturing, utility, transportation, construction, maritime, government, information technology, and education sectors. The Volt Typhoon group has been active since at least mid-2021 it carried out cyber operations against critical infrastructure.
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
Generative AI and digital twin use cases in asset-intensive industries Various use cases come into reality when you leverage generative AI for digital twin technologies in an asset-intensive industry such as energy and utilities. Consider some of the examples of use cases from our clients in the industry: Visual insights.
European cooperation on flexibility to accelerate the energy transition. Early in September, we invited a number of our clients from around Europe to participate in a roundtable discussion on energy flexibility. Current energy pricing has little headroom to incentivize consumers to engage in flexibility. kathy.jacquay@….
In the most recent campaign, the group targeted organizations in the communications, manufacturing, utility, transportation, construction, maritime, government, information technology, and education sectors. The APT group is using almost exclusively living-off-the-land techniques and hands-on-keyboard activity to evade detection.
TA423 is a China-linked cyber espionage group that has been active since 2013, it focuses on political events in the Asia-Pacific region, specifically on the South China Sea. ” read the report published by the experts. ” read the report published by the experts.
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.
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. What Does IT Stand For? Smart Contracts. Blockchain-as-a-Service. Permissioned blockchains.
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.
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. “It makes sense, because they’ve already got control over all these dormant businesses,” he said.
Urban planning Governments use GIS data and GIS-based solutions for urban planning: zoning and land use projects, natural disaster and health event response, roadway system and building design, utility distribution, energy production, and waste and resource management.
image ) If you took first-year physics in school, you’re familiar with the concepts of potential and kinetic energy. If you skipped Physics, here’s a brief review: Kinetic energy is energy possessed by bodies into motion. Potential energy is energy stored inside a body that has the potential to create motion.
Companies are also striving to balance this innovation with growing environmental, social and governance (ESG) regulations. As carbon emissions reporting becomes common worldwide, IBM is committed to assisting its clients in making informed decisions that can help address their energy demands and associated carbon impact while reducing costs.
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.
To drive real change, it’s crucial for individuals, industries, organizations and governments to work together, using data and technology to uncover new opportunities that will help advance sustainability initiatives across the globe. This Earth Day, we are calling for action to conserve our scarcest resource: the planet.
In a month that saw the former US president accused of misappropriating classified government documents, there were also a spate of malicious insiders compromising their employer’s systems. If you’re facing a cyber security disaster, IT Governance is here to help. announces security breach (unknown) The Country Club at Woodfield, Inc.
Source (New) Technology USA Yes 204 Ho Chi Minh City Energy Company Source (New) Energy Vietnam Yes 84 Austal USA Source 1 ; source 2 (New) Manufacturing USA Yes 43 Income Tax Department of India Source (New) Public India Yes 1 Gloucestershire County Council Source (New) Public UK Unknown 1 Daiho Industrial Co.,
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. In 2020 alone, 79 ransomware attacks were conducted against government entities in the U.S., costing an estimated $18.88
Security breaches in this sector can be incredibly disruptive to society and are attracting considerable attention from governments and regulatory bodies around the world. The threat of attacks against Critical National Infrastructure (CNI) – energy, utilities, telecommunications, and transportation – is now front of mind for many.
This bill would amend the Federal Power Act to grant the Federal Energy Regulatory Commission (“FERC”) authority to issue emergency orders requiring critical infrastructure facility operators to take actions necessary to protect the bulk power system. The American Clean Energy Leadership Act.
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. Events” prompt the need for investigation, assessment and judgment. Accordingly, version 1.1
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.
Lafayette, Louisiana, is a community with an economy that historically has been driven by the energy sector. In recent years, the City-Parish government (Lafayette Consolidated Government, LCG) has been working to position information technology as one of the new pillars of its economy, creating over 1,000 new technology jobs.
A user/purchaser of local resources, from facility supplies, energy and materials to IT equipment and services 4. A participant in local government planning and operations – from energy and land use policy to economic development and homeland security 6. events, in-person groups, speakers, etc.)
The arena-like events center in which this morning's grand opening session was held was pretty well packed. An overarching theme of this year's IOD event is the leveraging of information and analytics to "gain insight and optimize results." On now to the rundown: There are a LOT of people here.
When you capture someone else’s exploit and use it (or patch it), you’ve used their energy against them. If you can better use an adversary’s energy and time for your own benefit, you have a higher chance of succeeding. There is value in offense and you get some utility such as access, intelligence, or control.
When you capture someone else’s exploit and use it (or patch it), you’ve used their energy against them. If you can better use an adversary’s energy and time for your own benefit, you have a higher chance of succeeding. There is value in offense and you get some utility such as access, intelligence, or control.
When you capture someone else’s exploit and use it (or patch it), you’ve used their energy against them. If you can better use an adversary’s energy and time for your own benefit, you have a higher chance of succeeding. There is value in offense and you get some utility such as access, intelligence, or control.
For example, in 2009, the Obama administration provided financial incentives to utilities in the United States. And again, smart meters were positioned squarely as making the environment more friendly by knowing how and when energy is being used by individual customers. Environmental effects caused by pollution.
The governments of the world wanted the quick and agile minds of children who could think three dimensional -- and without all that moralizing about killing, you know, space aliens. So you take like signatures which would be indicative of say a foreign government and you say this is an attack by x. So it's a cat and mouse game.
The West has promised tougher sanctions are coming, but experts warn these will almost certainly trigger a Russian retaliation against America and its allies, which could escalate into cyber attacks on Western financial institutions and energy infrastructure. ” What kinds of attacks are experts most concerned about?
As 2023 draws to an end and cybersecurity budgeting is nearly complete, it helps to consider the year’s events and try to predict next year’s trends. Government actions will increase: Expect more government regulations, state-sponsored cyberattacks, and increased documentation required to protect CISOs.
You're really looking at a government agency from some some country who's politically motivated and who can afford to put the money and the time into building a threat like this and who has the insider information from a uranium enrichment facility that would facilitate building a threat? You know, it isn't the blackout scenario.
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.
Multi-tenant hosting allows cloud service providers to maximize utilization of their data centers and infrastructure resources to offer services at much lower costs than a company-owned, on-premises data center. Sustainability: Enhance energy efficiency through pooled CSP resources to reduce your carbon footprint.
An example can be found in the Fault Management domain: if the focus is on major and critical events, warning and informational events may not be stored, while these are very useful for the prediction of major and critical events. Meaning of the data – Network data is far more abstract than for example credit card data.
there is still much debate over providing a private right of action for individuals (versus just government agencies) to sue over unethical AI. government are making strides towards AI fairness. government are working towards eliminating AI bias, others are seemingly working just as hard, if not harder, in the opposite direction.
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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