Cyber Security for Energy & Utilities

Electric-power and gas companies are especially vulnerable to cyberattacks, but a structured approach that applies communication, organisational, and process frameworks can significantly reduce cyber-related risks. Working with key players in the energy industry to ensure they have the right IT and OT security controls and help them identify potential weaknesses. 

Contact our Energy & Utilities Cyber Security Experts

Contact us

Key Cybersecurity Threats Affecting the Energy & Utilities Industry

The cyberthreats facing electric-power and gas companies include the typical threats that plague other industries: data theft, billing fraud, and ransomware. However, several characteristics of the energy sector heighten the risk and impact of cyberthreats against utilities. While most utilities have become aware of the risks associated with cybersecurity, inconsistencies still exist in their ability to secure funding to invest in OT and IT cybersecurity controls. 

45

A total of 45 cybersecurity incidents targeting energy and commodities infrastructure have taken place since 2017.

24%

Energy sector became UK’s top target for cyberattacks in 2021.

$4.65 million

$4.65 million            

The average cost of a data breach in the energy sector in 2021 is $4.65 million. Most attacks were social engineering attacks.

CYBER SECURITY CHallenges in THE ENERGY & UTILITIES Industry

Supply Chain Attacks

A supply chain attack happens when threat actors access an organization’s network via a third-party vendor or supplier. Access can be gained through viruses or malicious software, giving the attacker keys to sensitive information, customer records, and payment information. Because a supply chain can be large in scope, the attack itself can be difficult to trace.

Politically Motivated Cyberattacks

Political cyberattacks may be made by domestic ‘hacktivists’ or nation-states using energy cyberattacks as part of a wider campaign to retaliate against geopolitical action. Ransomware attacks doubled in the first half of 2021, with 54.9% of victims in US. Risk of reprisal is low, since it is difficult to identify the source accurately.

IT and OT Convergence

IT and OT convergence has allowed organisations to improve efficiencies and reduce costs but has increased the risk of attack from external threat actors. Systems that were once previously isolated are now being inter-connected with cloud systems and traditional IT networks creating a vast attack surface for attackers. Organisations should design architectures that allow for the use of emerging technologies such as cloud but need to ensure appropriate technical controls are in place to reduce the risk of attack.

Ransomware and Incident Response

The energy sector faces great risk of ransomware attacks by ransomware gangs and nation-state threat actors. Not only can a ransomware attack disrupt the operation of an energy organisation, but it can also be costly to remediate. A ransomware attack on an energy provider’s systems could be catastrophic. Likewise, not having an incident response plan in place could be damaging to the organisation’s reputation.

Services for the Energy & Utilities

Dionach has assisted business to build strong foundations for security, compliance, and operational excellence for 24 years.

Services include:

IT Penetration Testing
Red Team Security Assessment
Consultancy
ISO 27001
Cyber Security Incident Response
OT Penetration Testing

Need help with cyber security solutions? We are experts!

Contact us

Cyber SECURITY STRATEGY for THE energy & utilities industrY

Energy cybersecurity attacks can damage human health and safety, as well as economies and national security. The energy sector must favour protection of the common good. Increasing cybercrime requires that a cybersecurity strategy that addresses specific cyberthreats in the energy and utilities sectors evolve around the following components-

  • Effective IT and OT security controls
  • Strengthen energy supply chain cybersecurity
  • Effective legislation and regulations
  • Cybersecurity policy
  • Implement multi-factor authentication for remote access
  • Incident management and emergency planning
  • Capacity building, training, and cybersecurity culture

INDUSTRIES SERVED

How are Dionach positioned to help Energy & Utilities Organisations?

Dionach’s cyber security experts have a solid history of working with Energy and utilities industries, delivering safe audits of critical Operational Technology (OT) and Process Control Networks (PCNs). As a trusted cyber security partner for Energy & Utilities organisations, our long standing 24-year background, combined with our in-house innovation and research team enable us to stay on top of the latest cyber security threats to Energy & Utilities and empower organisations to meet the challenges faced in today’s complex cyber security landscape.

 

Get a Quote our Energy & Utilities Cyber Security Experts

CONTACT US

Find out how we can help with your cyber challenge

dISCOVER OUR LATEST RESEARCH

AdobeStock_504881446_Editorial_Use_Only

Performing AWS Security Reviews: Ensuring A Holistic Approach

Ensuring a solid security posture of an organisation’s AWS accounts can be quite challenging nowadays due to the numerous service options and configurations, as well as the added burden of complying with business requirements and incumbent infrastructure. As AWS services grow in scope and complexity, organisations must adopt a systematic approach to configuring their cloud […]
Read More
AdobeStock_480309839

How NHS Trusts Can Benefit from ISO 27001 Certification

In an era where data breaches and cyber threats are increasingly prevalent, maintaining robust information security has never been more critical. For NHS Trusts, the stakes are particularly high, given the sensitive nature of the data they handle. Achieving ISO 27001 certification can be a game-changer, offering a structured approach to managing and protecting information […]
Read More
AdobeStock_499513355

ISO 27001 Implementation: Common Challenges and How to Overcome Them

ISO 27001 is an internationally recognised standard for information security management, offering a comprehensive framework to help organisations manage and protect their sensitive information. As data breaches and cybersecurity threats continue to rise, more businesses are adopting ISO 27001 to safeguard their assets, reputation, and customer trust. However, implementing ISO 27001 can be a challenging […]
Read More
Contact Us

Contact Us Reach out to one of our cyber experts and we will arrange a call