Cybersecurity in Energy Sector
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Cybersecurity in Energy Sector

By Energy CIO Insights | Friday, January 17, 2020

There is an increased investment in cybersecurity far more than it ever used to be. The occurrence goes hand-in-hand with growing awareness across leadership teams and what starts as word of mouth gradually becomes truthful as the realization of cyber security’s significance dawns.

FREMONT, CA: Most energy businesses have made ideal development on cybersecurity in many ways. While a decade ago, not many board-level discussions would even touch on the cybersecurity topic, now it is not unusual to hear a CEO comforting stakeholders how seriously they are taking the subject. So, a company needs more people with cybersecurity skills on the boards, to ensure it is at the top of the agenda. Besides, cybersecurity needs to be a vital component of any utility’s strategy.

Resource Competition

Most utilities these days have some talented security people in the organization. While a few have enough people leaving a resource-constrained team to handle several competing priorities. As security standards and regulations rightly make their way into the energy sector, teams will find themselves investing resources and time into compliance while simultaneously still dealing with an array of general security tasks.

Read more: Top Cyber Security Solution Companies

The OT/IT Divide

As of today, the world is connected with digital and smart networks; therefore, Operational Technology (OT) or Information Technology (IT) is also merging. Therefore, firms need more people in the business who understand both the domains, which will take time. Conversely, a few companies often make the problem worse by inadequately organizing the resources they have across an enterprise. Until now, the IT guys probably had too little interaction with the engineers looking after OT. Yet utilities need to create ways to bring these people together and to get them talking to start building the blend of knowledge and skills and maximize value from a limited resource.

There is an increased investment in cybersecurity far more than it ever used to be. The occurrence goes hand-in-hand with growing awareness across leadership teams and what starts as word of mouth gradually becomes truthful as the realization of cyber security’s significance dawns. Additionally, the very energy transition that is upping the need for cybersecurity also creates opportunity. Most big utilities are fundamentally seen changing their business strategy, spinning out resources, and recalibrating leadership groups completely. So, there has not been a better time for radical change, like putting security experts on the board.

See Also :- Top Enterprise Security Solution Companies

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