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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. To address this gap, the JCDC is planning proactive measures for future cyber risks. Strengthen operational integration and collaboration with members of the energy sector.
A DoS attack that caused disruptions at a power utility in the United States exploited a flaw in a firewall used in the facility. In May, the Department of Energy confirmed that on March 5, 2019, between 9 a.m. a cyber event disrupted energy grid operations in California, Wyoming, and Utah. and 7 p.m., and 7 p.m.,
Utility Vendors Have Cut Back on Buying Chinese Transformers Due to SecurityRisksUtility companies have increasingly refrained from purchasing large power transformers from China given greater awareness of the securityrisks.
The energy and resources sector including utilities, oil and gas, chemicals, and metals & mining is one of the most hazardous in the world. Improved safety performance and reduction of risk are just two examples of business outcomes companies strive to improve upon across this sector.
Is it fair to judge an organization’s information security posture simply by looking at its Internet-facing assets for weaknesses commonly sought after and exploited by attackers, such as outdated software or accidentally exposed data and devices? the security posture of vendor partners). How useful is such a score?
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. Recent U.S.
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.
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.
Italian oil giant company Eni disclosed a security breach, threat actors gained access to its network, but according to the company the intrusion had minor consequences because it was quickly detected. The post Threat actors breached the network of the Italian oil company ENI appeared first on Security Affairs. Pierluigi Paganini.
London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.
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
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. The issue is that these tens of billions of new devices will likely amplify the inherent securityrisks of IoT.
Data Encryption Shields the Energy Sector Against Emerging Threats. Security of CNI is a national security issue. 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 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.
“InfraGard connects critical infrastructure owners, operators, and stakeholders with the FBI to provide education, networking, and information-sharing on security threats and risks,” the FBI’s InfraGard fact sheet reads. . That InfraGard member, who is head of security at a major U.S. Department of Defense.
New developments in renewable energy are making headlines and inspiring hope in communities worldwide, from a remote Arctic village working to harness solar and wind power under challenging conditions to a U.S. Air Force base planning an advanced, utility-scale geothermal power system. Let’s take a look at both.
Department of Homeland Security (DHS) warns of critical flaws impacting Medtronic Valleylab products that could allow hackers to overwrite files and achieve remote code execution. Another vulnerability is related to the use of a vulnerable version of the rssh utility in these products to facilitate file uploads. Pierluigi Paganini.
. “The ferocity of cyber criminals to take advantage of COVID-19 uncertainties by preying on small businesses is disturbing,” said Andrew LaMarca , who leads the global high-risk and fraud team at Dun & Bradstreet. For the past several months, Milwaukee, Wisc. For the past several months, Milwaukee, Wisc.
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. Factor in business impact: Finally, prioritize security efforts based on the potential business impact. Lagging really is no longer an option.
Consumers and organizations are enthused about the operational benefits of more robust mobile connectivity, but the shift to 5G networks doesn’t come without risks. Here we’ll discuss the most significant risks posed by 5G, how U.S. Table of Contents What Are the Cybersecurity Risks of 5G? How is 5G Different?
Department of Homeland Security issued a bulletin calling out Iran’s “robust cyber program,” and cautioning everyone to be prepared for Iran to “conduct operations in the United States.” And hackers linked to the Russian government were reportedly behind the Triton hack of 2017 , as well, as disclosed by security vendor FireEye.
Although none of the violations resulted in any reported outages, NERC concluded that the cumulative effect of the violations posed a serious risk to the reliability of the bulk U.S. Critically, the utility had in place an internal compliance program at the time of the violations. Settlement Agreement at 12.
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.
Addressing challenges of the energy transition with grid asset management The energy transition is gearing up to full speed as renewable energy sources replace fossil-based systems of energy production. However, operators must balance intermittent renewable energy intake to produce a controlled, stable output.
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.
The CIP version 5 Standards implement a tiered approach to categorize assets, identifying them as high, medium, or low risk to the operation of the bulk electric system if compromised. There are 10 CIP Reliability Standards in-scope for the proposed regulation, but the physical security standard is not in-scope. Background.
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.
At its October monthly meeting, the Federal Energy Regulatory Commission (the “Commission”) adopted new reliability standards addressing cybersecurity risks associated with the global supply chain for Bulk Electric System (“BES”) Cyber Systems. These standards have been in development for some time.
Researchers from the German cyber security company Aplite discovered 3,806 servers from 111 countries accessible on the Internet. Source (New) Manufacturing Canada Yes 1.2 TB At least two South Korean defence companies and three other South Korean companies Source (New) Defence and unknown South Korea Yes 1.2 and Robert W.
The LookingGlass scoutPrime threat intelligence platform (TIP) integrates enterprise-grade external security threat information with information on internal architecture and security information to create actionable, prioritized risk scores for threats. Security Qualifications STIX & TAXII 2.0 compliant.
Securing the electricity network: Understanding the unique ICS environment of a utility. As utilities and energy delivery systems begin to seek the benefits that the convergence of information technology (IT) and operational technology (OT) offers, they also face the challenge of increased vulnerability to cyberattacks.
A string of Governmental announcements have increasingly sounded the alarm about the growing cybersecurity threat facing the energy sector. Among other things, these reports have announced that state-sponsored cyber actors have successfully gained access to the control rooms of utilities.
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.
In this Spotlight Podcast, host Paul Roberts talks with Chris Walcutt, the CSO of DirectDefense about the rising cyber threats facing operational technology (OT) and how organizations that manage OT - including critical infrastructure owners can best manage increased cyber risks to OT environments. Read the whole entry. » For Hacking.
The recent leak of an internal memo to the former Chair of the Federal Energy Regulatory Commission, which was widely reported by national news media, has created a national security setback for the United States. In an article published in Intelligent Utility Update , Hunton & Williams partner Paul M.
Australia’s Defence Force Recruiting systems were taken offline after security breach (unknown). South African utility provider Eskom is still feeling effects of a cyber security incident (unknown). Wichita State University notifies students and staff of a security incident (1,762). School District (+24).
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.
For instance, when utility officials are aware that a heat wave is on its way, they can plan energy procurement to prevent power outages. The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts.
In 2002, Congress enacted the Supporting Anti-Terrorism by Fostering Effective Technologies Act (“the SAFETY Act”) to limit the liabilities that energy, financial, manufacturing and other critical infrastructure companies face in the event of a serious cyber or physical security attack.
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.
Department of Homeland Security (DHS) held public briefings about an attempt by a state-sponsored Russian hacking group to target control systems for U.S. DHS’ webinar explained that the hackers obtained access to vendors providing computer services to electric utilities companies. On July 23 and 25, 2018, the U.S.
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.
Today, utilities and many other industries use drones extensively to conduct surveys, map assets and monitor business operations. Capgemini’s Energy & Utilities Industry Platform is the global industry hub and Centre of Excellence (CoE) for Energy and Utilities. billion in 2022 to USD 47.38
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