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Cyberattacks paralyze vital utilities, jeopardizing communities' water, energy resources, & safety.
The modern world is reliant on energy, from our economies and electricity to our water supplies and transportation services. Municipalities, utility grids, and security systems require constant power from corporations producing coal, oil, and gas; nuclear energy; and renewable solar, wind, hydropower, or geothermal electricities.
This pivotal dependency makes the energy industry a prime target for ransomware, kinetic attacks, and other cybercrimes.
Safeguarding communities from the devastating impacts of blackouts & compromised utility systems
Cyber adversaries' complex strikes could render towns, cities, and states helpless to widespread blackouts and compromised vital resources and services, endangering citizens’ overall well-being.
- Within the last 90 days, 77% of the energy industry has at least one leaked credential.
- With attacks costing around $4.65 million, the energy sector is one of the top five industries in average total cost, among healthcare, financial, pharmaceuticals, and technology.
- Earlier this year, a U.S. government funding bill outlined a $2.6 billion budget for the Cybersecurity and Infrastructure Security Agency (CISA)—$568 million more than last year’s levels—to fund the Biden Administration’s 100-Day Action Plan and bolster cybersecurity in the U.S. electricity subsector.
To protect constituencies from the paralyzing effects of compromised water systems, blackouts, and more, it is vital utility corporations invest in multifaceted, cyber-resilient technologies that proactively monitor infrastructure 24/7/365 and curb threats before they manifest as devastating attacks.
By exploiting one compromised password, hackers breached the Colonial Pipeline on April 29, 2021, holding the largest U.S. fuel pipeline at ransom for the price of $5 million.
On Feb. 5, 2021, an adversary infiltrated a Florida water treatment plan and briefly increased the water’s sodium hydroxide to perilously dangerous levels before an employee noticed the attempt.