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Response at an international level to ensure cybersecurity for the energy industry

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Oilprice May 22 reported, Aramco, Siemens Energy and the World Economic Forum announced they will be launching a joint report on cyber resilience, Siemens also announced a cybersecurity partnership with ServiceNow to helps energy companies monitor and respond to cyberthreats.
After the cyberattack on Colonial Pipeline this month, which forced the company to suspend and reduce oil and gas operations for several weeks, paying ransoms to hackers, cybersecurity has become a top concern for the energy industry. quantity.

First, US President Biden announced $20 billion in funding to modernize the energy system and address digital security breaches. Other international and regional companies around the world also come up with their own strategies to mitigate this threat. Saudi Arabia’s oil giant Aramco, Siemens Energy and the World Economic Forum (WEF) have announced they will be releasing a joint report on cyber resilience in the oil and gas industry. The report will establish a blueprint for assessing how best to manage the various risks and threats associated with cyberattacks. The report brings together the experiences of 40 energy experts, who will provide their experience and expertise to outline some of the key cyber threats facing the industry and how best to mitigate those. this threat to improve energy security worldwide. The report comes after years of the oil and gas industry suffering from digital security breaches not only in the United States, which saw the Colonial Pipeline attack this month and a hack in February 2020 for a compressed air facility that caused a two-day power outage. Other oil and gas facilities around the world have also suffered similar losses. In 2012, Saudi Arabia experienced a cyber attack that resulted in more than 30,000 computers being hacked. In addition to this report, Siemens also announced a partnership with US software company ServiceNow to establish a unified software to monitor, detect, and respond to cyberthreats targeting power infrastructure. important amount. Siemens Energy’s artificial intelligence (AI)-based software combined with ServiceNow’s Operations Technology Management system exposes cyber threats for analysts to assess and prioritize early response. Leo Simonovich, Vice President and Global Head of Industrial Networks at Siemens Energy said of the report: “Digitalization is empowering the oil and gas sector to be more efficient, flexible and reliable – but it also opens up many new vulnerabilities for cyberattacks. More than ever, cybersecurity must be at the core of companies’ business and operating models, especially in the oil and gas industry. Effective defenses depend on robust monitoring and detection – which means companies cannot act alone. Coordination and alignment are very important; This latest book, based on insights from leaders in the oil and gas sector, reflects these efforts. ” “Most energy companies grapple with complex technological and economic challenges associated with monitoring, detecting, and preventing cyberattacks on critical infrastructure,” emphasized Leo Simonovich. important. Our MDR, powered by the Eos.ii solution, is the first AI-based platform built to provide visibility and context across the energy industry’s entire digital operating environment. to promptly prevent attacks”. This is one of the ways the oil and gas industry is using AI and other innovative technologies to improve security and monitoring and evaluation operations across multiple sectors. As the United States ramps up its game in cybersecurity, the rest of the world has taken note of this recent attack and is responding at the international level to ensure that energy security is not compromised. development is synchronized with the digitization of the energy system. Establishing and regulating cybersecurity practices across the industry enhances the collective recovery efforts of oil and gas companies, presenting a united front against cybercrime and security threats other importance.

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