Cyber attacks are just as damaging as natural disasters

3rd November 2017
Posted By : Alice Matthews
Cyber attacks are just as damaging as natural disasters


Acording to a new EY report, Risk Pulse: Navigating the power and utilities sector in transformation, which ranks the strategic, financial, operational and compliance risks across the sector, cyber attacks are among the top risks to power and utilities companies alongside natural disasters such as storms and catastrophic events.

Commenting on this, Edgard Capdevielle, CEO, Nozomi Networks, said: “It is critical for the resilience of the power supply that power companies and utilities are able to identify cyber attacks efficiently.

"Significant strides forward have been made, but there’s always room for further improvement. If utilities invested in cyber security in the same way that they invest in storm preparation their ability to manage the risk would be significantly improved.

"The NERC CIP regulations, combined with increasing awareness of the likelihood of an attack, have motivated many progressive utilities to seek the most advanced technologies such as artificial intelligence and automated machine learning to jump start their visibility, situational awareness, and ultimately, their abilities to detect and mitigate cyber attacks against their operations. “

You must be logged in to comment

Write a comment

No comments

More from Nozomi Networks

Sign up to view our publications

Sign up

Sign up to view our downloads

Sign up

Factories of the Future Expo 2018
28th February 2018
United Kingdom Manchester
Embedded Systems and MtoM & Objets Connectés
21st March 2018
France Paris expo Porte de Versailles
ICMIM 2018
16th April 2018
Germany Munich
IoT Tech Expo 2018
18th April 2018
United Kingdom Olympia, London
The Security Event 2019
9th April 2019
United Kingdom NEC, Birmingham