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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.
The energy and resources sector including utilities, oil and gas, chemicals, and metals & mining is one of the most hazardous in the world. Utilizing information management technologies and best practices can help continuously improve upon and eliminate these root causes for safer operations.
As most of us know, IoT devices are on the rise in enterprise networks. According to McKinsey & Company , the proportion of organizations that use IoT products has grown from 13 percent in 2014 to 25 percent today. The issue is that these tens of billions of new devices will likely amplify the inherent security risks of IoT.
The drivers of IoT-centric commerce appear to be unstoppable. And yet we are overlooking profound privacy and security ramifications. Count on the wide deployment of IoT systems to continue at an accelerated rate. This will be led by the manufacturing, consumer, transportation and utilities sectors.
For instance, very visibly over the past decade, Internet of Things ( IoT ) computing devices and sensors have become embedded everywhere. I recently visited with Thomas Rosteck, Division President of Connected Secure Systems (CSS) at Infineon Technologies , a global semiconductor manufacturer based in Neubiberg, Germany.
Related: How decentralized IoT boosts decarbonization Yet, more so than ever, infusing trustworthiness into modern-day digital services has become mission critical for most businesses. If you factor in where we are in the world today with things like IoT, quantum computing and generative AI, we could be heading for a huge trust crisis.”
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
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 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. Allegedly developed by US and Israeli operatives, Stuxnet was discovered circulating through Iranian nuclear energy facilities in 2010.
Exposing the Internet of Things (IoT) Universe. Consumer electronics, business, network appliances, and industrial IoT (IIoT) devices are all driving the exponential growth of IoT systems. Consumer electronics, business, network appliances, and industrial IoT (IIoT) devices are all driving the exponential growth of IoT systems.
Simply put, iO must be achieved in order to preserve privacy and security while tapping into the next generation of IT infrastructure. It will, of course, be vital to have these next-gen, AI-infused systems run securely, in ways that preserve individual privacy. An intolerable security bottleneck, in fact, is taking shape.
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. ” can be answered by geospatial data and GIS.
Continued adoption of IoT technologies will pose both opportunities and challenges. Any organisation engaged in IoT will be amassing datasets that have the potential to become extremely valuable. But exactly how that data is utilized (and potentially monetised) will differ across sectors. Monetising Data Assets.
Some 5G networks’ download speeds can reach as high as 10 gigabits per second (Gbps) making them ideal for new technologies like artificial intelligence (AI) , machine learning (ML) and Internet of Things (IoT). ” Within each cell, a device like a 5G phone, PC or IoT sensor can connect to the internet via radio waves.
Currently, other transformational technologies like artificial intelligence (AI), the Internet of Things (IoT ) and machine learning (ML) require much faster speeds to function than 3G and 4G networks offer. Unlike previous wireless networks, this new capability allows users to do more things remotely with greater security than ever before.
Today, utilities and many other industries use drones extensively to conduct surveys, map assets and monitor business operations. Additionally, DaaS has the potential to leverage smart technologies such as IoT, sensors, 5G, edge analytics and machine learning to improve the monitoring and visualization of assets operations.
We’ll look at what blockchain technology is, how its development relates to cybersecurity, and the state of blockchain-based security solutions. Beyond financial exchange, permissionless blockchains offer strong security through decentralization, and potential use cases include identity verification, voting, and fundraising.
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.
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?
Forescout’s Platform not only enables robust NAC capabilities, but also offers options for enhanced security, including eXtended Detection and Response (XDR). Most importantly, Forescout’s agnostic Platform works with both a wide variety of networking vendors, device vendors, and security tools. USMC ATO (Authority to Operate) U.S.
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
As we approach 2025, organizations face new challenges and opportunities in managing, securing, and extracting value from their data. Management Challenges Will Increase: Difficulty in organizing, storing, categorizing, and securing this data type. Ensuring Data Security: Protecting information regardless of where it resides.
There are many overlapping business usage scenarios involving both the disciplines of the Internet of Things (IoT) and edge computing. which involves the integration of advanced digital technologies and IoT into manufacturing processes and connected devices that transmit and receive instructions and data. and energy and utilities.
The utilities and energy industries experienced high indicators of attack activity, suggests that attackers have access to critical infrastructure and are waiting to exploit this access. Healthcare IoT. The healthcare IoT is problematic due to the increase in networked medical devices. Critical infrastructure.
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.
Beyond that, household devices blessed with Internet of Things (IoT) technology means that CPUs are now being incorporated into refrigerators, thermostats, security systems and more. Any country that desires to be a global power must have modern computers as part of its security arsenal.
In the era of digital transformation, digital twins are emerging as a potent solution to energy production challenges. And the increasing adoption of technologies like artificial intelligence (AI), machine learning and IoT will only further enhance the capabilities of digital twins. The use of digital twins is one such innovation.
5G has been hailed as a disruptive technology, comparable to artificial intelligence (AI ), machine learning (ML) and the Internet of Things (IoT) in terms of the kinds of change it will bring about. This is largely due to its ability to move large volumes of data swiftly and securely between connected devices at speeds never achieved before.
The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. It can also significantly increase uptime and lifespan.
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. But we all know how security by obscurity works in the end.
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.
Critical Success Factors to Widespread Deployment of IoT. Digital technology and connected IoT devices have proliferated across industries and into our daily lives. Electric grid utilities are deploying smart meters to better correspond to consumers energy demands while lowering costs. Threat vectors on IoT.
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?
The 2023 Thales Data Threat Report Critical Infrastructure Edition , which includes responses from 365 security leaders and practitioners within critical infrastructure organizations, serves as a fine reminder of the requirement to embed security into the culture of every organization and individual.
So there’s a need, a definite need, for information security professionals to have access to industrial control systems -- not virtual, but actual hands on systems -- so they can learn. In a moment I’ll introduce you to someone who is trying to do that--bring ICS equipment to security conferences. Technology Security.
An investigation determined that personal data, including names, addresses, phone numbers, Social Security numbers, dates of birth and bank account numbers, belonging to nearly 15 million people was obtained by an unauthorised party between 30 October and 1 November. Data breached: personal data belonging to 14,690,284 individuals.
Moreover, a public cloud model enables companies to automatically scale compute and storage resources up or down (along with data security measures and services) to meet their individual needs. artificial intelligence (AI) , edge computing, the Internet of Things (IoT) ). How does public cloud computing work?
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).
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.
Related: The Top 12 IoT protocols Deployment of 5G and AI-enhanced IoT systems is accelerating. This, in turn, is driving up the number of IoT-connected devices in our homes, cities, transportation systems and critical infrastructure. “Security is like baking a cake,” Rosteck explains.
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