ICIS EXPLAINS: Are cyberattacks a growing threat to energy companies?

LONDON (ICIS)–As cyber threats are intensifying, many energy utilities, producers and suppliers divert cash needed to develop new projects or prepare for the energy transition to boosting cyber defences. In this free paper , ICIS’ energy and cross-commodity expert Aura Sabadus and senior market reporter Rob Dalton highlight the risks by discussing three recent cases where companies or organisations in the energy sector were the target of cyberattacks and which illustrate the dangers facing the industry. The paper concludes with remarks related to the safeguards that could be introduced to boost cybersecurity.