Rising Cyber Attacks Are Forcing The Oil&Gas Industry To Protect Itself

Top Threats to Oil and Gas Enterprises

Ransomware

Consequences too Heavy to Ignore

The consequences of these attacks cannot be overstated. Historically millions of dollars have been lost, operations have been halted, and the environment has been put at risk, leaving the reputations of major corporations — and their leaders — being irrevocably tarnished by an all but invisible enemy.

2018 Malware Attack Holts Production for Two Days

Most recently in 2018, a ransomware attack brought a US natural gas compressor to its knees, causing a two-day shutdown. The attackers had spent time exploring the facilities network to identify their critical assets prior to unleashing their ransomware attack.

The US Department of Homeland Security expressed its concern regarding aging US facilities and their ability to thwart future attacks. Such an event proved to be a warning to the entire O&G community, as the hackers displayed the ability to launch attacks globally from any location with no geographical limitations.

Shamoon Virus Wrecks Havoc on Armco

The more the industry moves to the inevitable digitization and streamlining of production, the more vulnerable it becomes to these rising cyber-attacks. The enormous potential for disaster was witnessed by the industry when the Saudi Oil giant, Armco was attacked with the Shamoon Virus in 2012. The attack triggered the shutdown of 30,000 company computers.

Just as a biological virus is able to morph over time, so too are cyber criminals able to evolve their digital counterparts. Italian O&G giant Saipem were the victims in 2018 of a comeback variant of the Shamoon Virus.

Security First. Security Second and Third

With the continued digitization of the industry, production is increased exponentially to risk. O&G companies must look to experts in cybersecurity and work in partnership with them to protect businesses and their assets.

Protection is not a one-time deployment as evidenced by the one-two attack of the Shamoon virus. Once an entire operation has been analyzed and has measures in place to prevent breaches, those security measures must be constantly tested and updated to ensure readiness to combat any cyberattack.

Find the right consultant

Any enterprise looking to deploy security measures should look to their security provider to deploy comprehensive measures against current threats and those which may evolve. Legacy Technologies is an industry leader in the cybersecurity world, with a wealth of experience fending off and foiling potential acts of cybercrime and cyberterrorism, using their fully automated service, NEO.

Legacy Technologies is a cybersecurity company that provides active and passive defenses to keep its clients’ information and assets secure.

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