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US Officials Urged to Examine Chinese Risk to Electric Grid

Data Breach Today

Utility Vendors Have Cut Back on Buying Chinese Transformers Due to Security Risks Utility companies have increasingly refrained from purchasing large power transformers from China given greater awareness of the security risks.

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Feds Charge 4 Russians With Long-Term Energy Sector Attacks

Data Breach Today

Nuclear Plants, Utilities, and Oil and Gas Firms Allegedly Targeted by Hackers The U.S. Department of Justice unsealed two indictments against suspected Russian nation-state actors on conspiracy charges for attacks on the global energy sector.

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Supply chain visibility in the energy and utilities industry

IBM Big Data Hub

For the energy and utilities industry (E&U), time is not on their side. Facts about the energy and utilities industry Transformer prices have doubled, while the average lead time for delivery has at least tripled from what it was two years earlier, reaching 52 weeks in some cases. Visibility.

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Merging top-down and bottom-up planning approaches

IBM Big Data Hub

This blog series discusses the complex tasks energy utility companies face as they shift to holistic grid asset management to manage through the energy transition. The first post of this series addressed the challenges of the energy transition with holistic grid asset management.

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The journey to a mature asset management system

IBM Big Data Hub

This blog series discusses the complex tasks energy utility companies face as they shift to holistic grid asset management to manage through the energy transition. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

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Data Encryption Shields the Energy Sector Against Emerging Threats

Thales Cloud Protection & Licensing

Data Encryption Shields the Energy Sector Against Emerging Threats. The energy sector is part of the critical national infrastructure (CNI), and delivers services that are essential for modern life. Energy services companies are a lucrative target for adversaries. Wed, 01/13/2021 - 09:42. Cybersecurity challenges.

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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

Risk 189