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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

The data shows how perceptions around cyber and technology risks, from ransomware and other cyber-attacks to the threats posed by AI, are changing the global business risk landscape. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

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Protecting Oil and Gas Industry Infrastructure: Strategies for Resilience

SecureWorld News

With the increasing reliance on digital technologies for operational efficiency, this sector has become a prime target for sophisticated cyber and physical threats. To ensure energy security and economic stability, protecting the infrastructure is essential.

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‘Everyone’s half asleep, and bosses don’t want trouble’: The struggle to secure utilities

SC Magazine

Padraic O’Reilly, co-founder of cyber risk firm CyberSaint, shared insights with SC Media, having worked directly with water systems, electric providers, energy companies and other utilities to assess cyber risk and prevent cyberattacks. Who’s the most secure among the utilities?

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Turn Out the Lights, the Cyber Attack Is Over. Not Quite

SecureWorld News

Due to the attack, thousands of street lamps remained illuminated throughout the day, wasting significant energy and money. The hackers are believed to have deployed ransomware and are demanding a seven-figure payment to decrypt data and restore systems. It bears quite a few of the hallmarks of a state-sponsored cyber operation.

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Security Roundup September 2024

BH Consulting

The National Cyber Security Bill 2024 is the legislative vehicle for transposing NIS2 into Irish law. For example, the Commission for the Regulation of Utilities (CRU) will become the ‘competent authority’ for the energy, drinking water and wastewater sectors. The ceremony takes place in London on 12 November.

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Spotlight Podcast: CSO Chris Walcutt on Managing 3rd Party OT Risk

The Security Ledger

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. »

CSO 59
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Cyber Threats Against Energy Sector Surge as Global Tensions Mount

Security Affairs

Resecurity warns of rising cyberattacks on the energy sector, some linked to large-scale campaigns targeting national infrastructure for geopolitical aims. Resecurity warns about the increase in targeted cyberattacks against enterprises in the energy sector worldwide. In response to these growing threats, the U.S.