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ACCENTURE
HIGH PERFORMANCE
SECURITY REPORT 2016
FOR ENERGY
Copyright © 2017 Accenture. All Rights Reserved.
Energy Industry
2
SECURE THE ENTERPRISE
of large enterprise
security executives have
confidence in their cyber
security strategies
of organizations have
completely embedded
cybersecurity into their
cultures
Copyright © 2017 Accenture. All Rights Reserved.
Energy Industry
3
FAILURE RATES ARE ALARMINGLY HIGH
THOUSANDS to MILLIONS
of random breach attempts per week
NEARLY 96 focused
attacks per year; of those,
1 IN 3 result in a security breach
That’s 2 TO 3 effective attacks per
month
Internal breaches are
PARTICULARLY PROBLEMATIC
43% say greatest security impact comes
from malicious insiders
Yet 70% LACK CONFIDENCE in their
organizations’ internal monitoring
Many security breaches go
undetected FOR TOO LONG
Detecting a breach takes months
for 51% of COMPANIES
Internal security teams
discover only 62% of
EFFECTIVE BREACHES
Copyright © 2017 Accenture. All Rights Reserved.
Energy Industry
4
PROTECT WHAT THEY DON’T UNDERSTAND
WHEN…?
of energy executives view
cyberattacks as a ‘bit of a
black box,’ meaning that
they don’t understand their
timing and impacts
of executives feel
confident in their ability to
identify high-value digital
assets and business
processes in their
organization
Copyright © 2017 Accenture. All Rights Reserved.
Energy Industry
FOCUS FOR SUCCESS
 Have we identified all
priority business data
assets and their
locations?
 Can we defend the
company from a
motivated adversary?
 What are the potential
ramifications of a
successful cyberattack in
terms of environmental,
health, safety and
productivity?
 Do we have the tools
and techniques to
react and respond to
a targeted attack?
 Do we know what
adversaries really want
and what we want to
protect?
 Where should we make
our cybersecurity
investments based on
potential risk?
 How often do we ‘practice’
our plan to improve our
responsiveness?
 Are we using the data and
other outputs from our
cybersecurity strategy to
improve our program over
time?
Copyright © 2017 Accenture. All Rights Reserved.
Energy Industry
6
AND OUTMANEUVER
27% of oil and gas respondents have confidence in their cybersecurity capabilities regarding any
of the seven key domains below, but investment in these areas is critical to improving defenses and
strengthening resilience.
Copyright © 2017 Accenture. All Rights Reserved.
Energy Industry
7
CYBERSECURITY APPROACH
PRESSURE TEST
SECURITY CAPABILITIES
by engaging “white hat” external hackers
to simulate attacks
MAKE SECURITY EVERYONE’S JOB
by fostering a culture of cybersecurity
& prioritizing training of all employees
PROTECT FROM THE INSIDE OUT
by prioritizing protection of organization’s
key assets
LEAD FROM THE TOP
by materially engaging with enterprise
leadership & improving the board’s cyber literacy
INVEST TO INNOVATE
AND OUTMANEUVER,
continually innovating to stay ahead
of attackers
GROW CONFIDENTLY
by keeping security connected to the bottom
line and to real business needs
Copyright © 2017 Accenture. All Rights Reserved.
Energy Industry
8
HIGH PERFORMANCE SECURITY RESEARCH 2016
The survey objective was to understand the extent to which companies prioritize security,
how comprehensive security plans are, how resilient companies are with regard to security,
and the level of spend for security.
The survey aimed to measure security capabilities across seven cybersecurity strategy
domains identified by Accenture: business alignment, cyber response readiness, strategic
threat intelligence, cyber resilience, investment efficiency, governance and leadership, and
the extended ecosystem.
More than 50 percent of respondents were key decision-makers in cybersecurity strategy
and spending, including security, IT and business executives at director level and above at
companies with revenues of US $1 billion or more.
In 2016 Accenture surveyed 2,000 executives from 12 industries and 15 countries globally,
including 186 executives from the Energy industry.
Copyright © 2017 Accenture. All Rights Reserved.
Energy Industry
9
@AccentureEnergy
#CyberSecurity
@AccentureSecure
THANK YOU
accenture.com/energycybersecurityreport

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Outside the (Black) Box: Protecting Core Operations in Energy

  • 2. Copyright © 2017 Accenture. All Rights Reserved. Energy Industry 2 SECURE THE ENTERPRISE of large enterprise security executives have confidence in their cyber security strategies of organizations have completely embedded cybersecurity into their cultures
  • 3. Copyright © 2017 Accenture. All Rights Reserved. Energy Industry 3 FAILURE RATES ARE ALARMINGLY HIGH THOUSANDS to MILLIONS of random breach attempts per week NEARLY 96 focused attacks per year; of those, 1 IN 3 result in a security breach That’s 2 TO 3 effective attacks per month Internal breaches are PARTICULARLY PROBLEMATIC 43% say greatest security impact comes from malicious insiders Yet 70% LACK CONFIDENCE in their organizations’ internal monitoring Many security breaches go undetected FOR TOO LONG Detecting a breach takes months for 51% of COMPANIES Internal security teams discover only 62% of EFFECTIVE BREACHES
  • 4. Copyright © 2017 Accenture. All Rights Reserved. Energy Industry 4 PROTECT WHAT THEY DON’T UNDERSTAND WHEN…? of energy executives view cyberattacks as a ‘bit of a black box,’ meaning that they don’t understand their timing and impacts of executives feel confident in their ability to identify high-value digital assets and business processes in their organization
  • 5. Copyright © 2017 Accenture. All Rights Reserved. Energy Industry FOCUS FOR SUCCESS  Have we identified all priority business data assets and their locations?  Can we defend the company from a motivated adversary?  What are the potential ramifications of a successful cyberattack in terms of environmental, health, safety and productivity?  Do we have the tools and techniques to react and respond to a targeted attack?  Do we know what adversaries really want and what we want to protect?  Where should we make our cybersecurity investments based on potential risk?  How often do we ‘practice’ our plan to improve our responsiveness?  Are we using the data and other outputs from our cybersecurity strategy to improve our program over time?
  • 6. Copyright © 2017 Accenture. All Rights Reserved. Energy Industry 6 AND OUTMANEUVER 27% of oil and gas respondents have confidence in their cybersecurity capabilities regarding any of the seven key domains below, but investment in these areas is critical to improving defenses and strengthening resilience.
  • 7. Copyright © 2017 Accenture. All Rights Reserved. Energy Industry 7 CYBERSECURITY APPROACH PRESSURE TEST SECURITY CAPABILITIES by engaging “white hat” external hackers to simulate attacks MAKE SECURITY EVERYONE’S JOB by fostering a culture of cybersecurity & prioritizing training of all employees PROTECT FROM THE INSIDE OUT by prioritizing protection of organization’s key assets LEAD FROM THE TOP by materially engaging with enterprise leadership & improving the board’s cyber literacy INVEST TO INNOVATE AND OUTMANEUVER, continually innovating to stay ahead of attackers GROW CONFIDENTLY by keeping security connected to the bottom line and to real business needs
  • 8. Copyright © 2017 Accenture. All Rights Reserved. Energy Industry 8 HIGH PERFORMANCE SECURITY RESEARCH 2016 The survey objective was to understand the extent to which companies prioritize security, how comprehensive security plans are, how resilient companies are with regard to security, and the level of spend for security. The survey aimed to measure security capabilities across seven cybersecurity strategy domains identified by Accenture: business alignment, cyber response readiness, strategic threat intelligence, cyber resilience, investment efficiency, governance and leadership, and the extended ecosystem. More than 50 percent of respondents were key decision-makers in cybersecurity strategy and spending, including security, IT and business executives at director level and above at companies with revenues of US $1 billion or more. In 2016 Accenture surveyed 2,000 executives from 12 industries and 15 countries globally, including 186 executives from the Energy industry.
  • 9. Copyright © 2017 Accenture. All Rights Reserved. Energy Industry 9 @AccentureEnergy #CyberSecurity @AccentureSecure THANK YOU accenture.com/energycybersecurityreport