US Energy Utilities Targeted by FlowCloud Malware

Data Breach Today

energy providers have been targeted by a spear-phishing campaign attempting to spread a recently discovered Trojan called FlowCloud, according to Proofpoint research. Proofpoint Analysts Find Connections Between New Trojan and Other Attacks Several U.S.

Energy industry 2021 predictions

OpenText Information Management

2020 sent shock waves across oil and gas, utilities and mining organizations, creating dramatic shifts in supply and demand, revenue streams and productivity. Mining companies, meanwhile, are … The post Energy industry 2021 predictions appeared first on OpenText Blogs.

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Energy asset information deserves to be seen

OpenText Information Management

That’s how McKinsey & Company refers to the quest by energy companies to get value from digital technologies. Many organizations within the oil and gas, utility and … The post Energy asset information deserves to be seen appeared first on OpenText Blogs.

The 3-minute test for energy companies

OpenText Information Management

But in the Energy sector, we seem to … The post The 3-minute test for energy companies appeared first on OpenText Blogs. Utilities Oil & Gas Energy Content CloudIt’s been 25 years since Bill Gates declared, “Content is king.” And how right he was.

Utilities, Energy Sector Attacked Mainly Via IT, Not ICS

Threatpost

Critical Infrastructure administrative credentials attack behaviors data exfiltration energy sector ICS Industrial Control Systems Spying the report utilities vectraStealing administrative credentials to carry out months-long spy campaigns is a top threat.

IT 85

Driving innovation in the energy industry

OpenText Information Management

Worldwide demand for energy is growing faster than ever, leading to rapid changes in the energy industry and in the wider world beyond. PwC says the sector faces a “big change… [that] may … The post Driving innovation in the energy industry appeared first on OpenText Blogs.

Supporting the essential energy industry

OpenText Information Management

But there are some essentials that, even with all that we are … The post Supporting the essential energy industry appeared first on OpenText Blogs. Industries Utilities Oil & Gas Mobility mobile Content

Siemens Shares Incident Response Playbook for Energy Infrastructure

Dark Reading

The playbook simulates a cyberattack on the energy industry to educate regulators, utilities, and IT and OT security experts

From ‘ghost chasing’ to intelligent operations for energy companies

OpenText Information Management

Like every industry, the energy sectors are undertaking digital transformation. But despite years of pursuing operational excellence, many energy companies are still struggling to create an integrated and optimized environment within operations.

What’s holding back operational excellence in the utility sector?

OpenText Information Management

Once upon a time, the utility industry was a relatively simple place to be. It was all about the safe and consistent generation and distribution of energy with good capacity planning, minimal outages and happy customers. Governments and industry bodies got busy with new legislation … The post What’s holding back operational excellence in the utility sector?

Enterprise asset management puts focus on content for energy companies

OpenText Information Management

Assets are the lifeblood of the energy industry. As new layers of change – including deregulation, new legislation, new market entrants, new consumption patterns – impact the sector, enterprise asset management becomes key to the profitability and long-term sustainability for many oil and gas and utility companies.

Top technology predictions for the energy industry in 2020

OpenText Information Management

Uncertainty has become the new norm in the energy industry and 2020 promises more of the same. Amidst … The post Top technology predictions for the energy industry in 2020 appeared first on OpenText Blogs.

FERC, NERC joint report on cyber incident response at electric utilities

Security Affairs

The US FERC and NERC published a study on cyber incident response at electric utilities that also includes recovery best practices. electric utilities. A cyber attack could have a severe impact on the operations of the utilities and consequent economical losses.

Energy Sector's IT Networks in the Bulls-Eye

Dark Reading

Attackers are actively infiltrating energy organizations and utilities for reconnaissance purposes

Five technology trends driving the energy sector in 2019

OpenText Information Management

In the energy sector, it’s not just change that organizations must prepare for – it’s the speed of change. By early this … The post Five technology trends driving the energy sector in 2019 appeared first on OpenText Blogs. Analytics Digital Transformation Industry 2019 trends AI Chemical Process Industry digital transformation energy industry IoT Oil and Gas OpenText operational excellence predictive maintenance Utility Industry

We need to talk about content

OpenText Information Management

Let’s start with a question: In the current focus on digital initiatives, are energy companies overlooking the importance of content? Utilities digital transformation utilities Energy solutions

Coronavirus-themed campaign targets energy sector with PoetRAT

Security Affairs

Threat actors employed the previously-undetected PoetRAT Trojan in a Coronavirus-themed campaign aimed at government and energy sectors. . The malware infected ICS and SCADA systems used to control the wind turbines within the renewable energy sector.

Incentivizing public utilities to enhance cybersecurity: FERC’s proposed regulation

Data Protection Report

Because technology changes faster than regulatory standards, in 2020, FERC staff “reasoned that an incentive-based framework would allow a public utility to tailor its request for incentives to the potential challenges it faces and take responsive action.

Dept. of Energy Launches Plan to Protect Electric Grid from Cyberattack

Dark Reading

Over the next 100 days, the DoE will work with electric utilities to improve visibility, detection, and response for industrial control systems

Balancing speed and stability to reinvent utility operations for the energy transition

CGI

Balancing speed and stability to reinvent utility operations for the energy transition. The COVID-19 pandemic has underscored our need for a reliable energy supply, which is something we typically take for granted.

DoS attack the caused disruption at US power utility exploited a known flaw

Security Affairs

A DoS attack that caused disruptions at a power utility in the United States exploited a flaw in a firewall used in the facility. In May, the Department of Energy confirmed that on March 5, 2019, between 9 a.m. a cyber event disrupted energy grid operations in California, Wyoming, and Utah. The report did not include the name of the utility company that suffered the incident. . SecurityAffairs – power utility, hacking).

[Podcast] IIM Challenges and Opportunities in the Energy Industry

AIIM

The energy industry plays a crucial role in all our lives. Information—energy utilities run on millions of documents to accomplish complex business operations and support their foundational principles: ensuring worker safety and providing reliable energy to end-users at a reasonable cost.

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.

Balancing speed and stability to reinvent utility operations for the energy transition

CGI

Balancing speed and stability to reinvent utility operations for the energy transition. The COVID-19 pandemic has underscored our need for a reliable energy supply, which is something we typically take for granted. What utilities leaders can learn from retail banking successes.

US Utilities Targeted with LookBack RAT in a new phishing campaign

Security Affairs

Security experts at Proofpoint observed a new wave of phishing attacks aimed at US Utilities in an attempt to deliver the LookBack RAT. Security experts at Proofpoint have discovered a new series of phishing attacks targeting entities US utilities in an attempt to deliver the LookBack RAT. targeting three US companies in the utility sector. This time the attackers used phishing emails impersonating a licensing body related to the utilities sector.

Is customer engagement the answer to the ‘existential threat’ facing Utility companies?

OpenText Information Management

Enhanced customer engagement was shown to be the top outcome that UK Utility companies looked for from their digital transformation initiatives. That’s according to research that has just been completed by Utility Week and OpenText™. This blog looks at the reason that customer engagement is so important for the industry and whether a fresh perspective … The post Is customer engagement the answer to the ‘existential threat’ facing Utility companies?

Document Storage for the Energy Industry

Armstrong Archives

If you work in the energy industry, it comes as no surprise that it’s one of the most heavily regulated. To comply with government regulations, an energy company might have tens of thousands of documents that need to be physically stored, scanned or destroyed.

Cybersecurity in utilities: Critical questions for securing distributed energy resources (DERs)

CGI

Cybersecurity in utilities: Critical questions for securing distributed energy resources (DERs). The energy transition is driving a shift toward the increasing use of distributed energy resources (DERs). DERs are smaller power-generation resources, usually located on the consumer side, that provide energy where it is needed. From a cybersecurity perspective, DERs pose new and unique challenges for utilities.

Reading Municipal Light Department, an electric utility in Massachusetts, hit by ransomware

Security Affairs

The Reading Municipal Light Department (RMLD), an electric utility in Massachusetts, announced it was hit by a ransomware attack. This week, the Reading Municipal Light Department (RMLD), an electric utility in Massachusetts, announced it was hit by a ransomware attack.

What does asset performance optimization mean for energy and manufacturing?

OpenText Information Management

These conversations boiled down the three core issues around asset performance: deploying digital technologies, the ‘first to be second’ approach and the … The post What does asset performance optimization mean for energy and manufacturing? Analytics Digital Process Automation Digital Transformation Enterprise World IoT AI Enterprise World 2019 industrial IoT Manufacturing Industry Oil and Gas Predictive Analytics predictive maintenance Utility Industry

Dept. of Energy announced the Liberty Eclipse exercise to test electrical grid against cyber attacks

Security Affairs

This is the first time the Department of Energy will test the electrical grid’s ability to recover from a blackout caused by cyberattacks. The Department of Energy wants to test the resilience of an electrical grid to a cyber attack, so it’s going to launch the first hands-on exercise to test the ability of the operators of such infrastructure in recovering from a blackout caused by a cyber attack.

How to deliver operational excellence in utilities

OpenText Information Management

As the energy landscape evolves and wholesale costs continue to rise, utility companies are under increasing pressure to meet the expectations of consumers and shareholders. From smart grids to smart meters and even smarter … The post How to deliver operational excellence in utilities appeared first on OpenText Blogs.

European cooperation on flexibility to accelerate the energy transition

CGI

European cooperation on flexibility to accelerate the energy transition. Early in September, we invited a number of our clients from around Europe to participate in a roundtable discussion on energy flexibility. Read more about energy flexibility.

The energy sector's perfect storm

Collaboration 2.0

The energy sector has never looked more interesting - can the staid utility industry embrace the digital transformation strategic models required to stay relevant or will they be crushed in the emerging battle between tech and energy companies

NERC $10,000,000 Fine of Public Utility Highlights the Need for Cybersecurity Preparedness and CIP Compliance Programs

Data Matters

On January 25, 2019, the North American Electric Reliability Corporation (“NERC”) asked the Federal Energy Regulatory Commission (“FERC”) to approve a settlement issuing a record $10 million fine against an unidentified utility resulting from violations of critical infrastructure protection standards (“CIP”) occurring mostly between 2015 and 2018 (referred to hereafter as the “Settlement Agreement”). Cybersecurity Energy Enforcement Information Security National Security

Engie Electrabel migrates customer documentation to the cloud

OpenText Information Management

As the top producer and supplier of energy in Belgium, Engie Electrabel generates more than 3.5 Globally, the utilities industry has undergone a … The post Engie Electrabel migrates customer documentation to the cloud appeared first on OpenText Blogs.

Aging assets stand in the way of operational excellence

OpenText Information Management

Industries Utilities Oil & Gas digital asset management Energy Operational ExcellenceOperational excellence (OPEX) is a goal that the oil and gas sector has been striving to reach for years.

Utilities Digital Journey Insights (Part 5): Utilities decentralize organizational models to meet consumer needs

CGI

Utilities Digital Journey Insights (Part 5): Utilities decentralize organizational models to meet consumer needs. To gain the true value of digital transformation, utilities are embracing more dynamic and autonomous organizational structures that enable them to make decisions closer to the customer. To address these key challenges, utilities are moving toward decentralizing their organizational structures.

Utilities Digital Journey Insights (Part 4): Utilities’ pursuit of new business models accelerates

CGI

Utilities Digital Journey Insights (Part 4): Utilities’ pursuit of new business models accelerates. Some utilities even provide vehicle-to-grid services and home energy management systems to help consumers manage their electricity usage. To seize these new business opportunities, utilities are increasing investments in new products and services, making it the second largest IT spend driver and a top innovation investment (73%) over the next three years.

Solving data challenges to accelerate the energy transition

CGI

Solving data challenges to accelerate the energy transition. The energy transition is a technological, cultural and organizational sea change—and data is the means by which utilities can solve the foundational challenges of the transition.