Based on a global study on cyber readiness, Cyber Threat Ranking Table from Hiscox, ranks UK energy companies most likely to experience multiple cyber incidents in a year. The picture is similar here in the US where fairly low cyber security budget and a very high rate of cyber incidents.

U.S. Government Accountability Office (GAO) report says the energy sector faces “significant cyber security risks” because of increased capability of malicious actors. Also while advanced technologies offer significant improvements and real-time system awareness, they can also increase the attack surface of energy companies that malicious actors can exploit to gain illegal entry and compromise larger systems.

This is where Olmec’s unmatched monitoring systems, predictive maintenance and auto low level threat mitigation can help protect your energy firm from threats. We can help you devise intelligent solutions for safeguarding your assets where traditional digital security measures, such as, verification or authentication using pre-set commands or, digital signatures are simply too slow to be effective.

The energy sector is a lifeline for proper social functioning and delivers essential services for modern life. Cyber attacks have the potential to disrupt these services completely and hamper reliability through attacks on the IT and operational technology (OT) systems that support energy company operations.

Energy services companies form a highly lucrative target for attackers. A 2019 Siemens/Ponemon report pointed out that 56% of gas, wind, water, and solar utilities globally experienced at least one crippling cyber attack that caused massive loss of revenues and service disruptions including a shutdown or loss of operational data.

Olmec IT Support for Energy Companies provides exceptional data encryption services that can shield your communications from interceptions that can provide a leeway to such attacks.