The 7 Most Important Rules for Oil and Gas Cybersecurity Experts Devastating cyber threats are causing companies across all sectors to reassess how secure their data and operations really are. This threat is being especially felt by the oil, gas and petrochemical industry for a combination of reasons, including its critical reliance upon SCADA or DCS systems which are used to monitor and control physical processes. We asked the industry’s leading cybersecurity experts what advice they would give to their counterparts around the world. To find out the top 7 most important rules for Oil & Gas Cybersecurity experts, read the full article here: http://bit.ly/1nU0GkY

1. The 7 Most Important
Rules for Oil and Gas
Cybersecurity Experts
www.cyberoilandgas.com

2. Devastating cyber threats are making headline news on an almost daily basis,
causing companies across all sectors to reassess how secure their data and operations really are. This threat
is being especially felt by the oil, gas and petrochemical sector for a combination of reasons, including its
critical reliance upon industrial automation and control systems such as SCADA (supervisory control and data
acquisition) or DCS (Distributed Control System) which are used to monitor and control physical processes. In
addition to standard cybersecurity concerns such as information leaks, system downtime or hardware failure,
the oil and gas industry has to deal with the additional risk of actual physical damage, or even the loss of life
resulting from a devastating cyber-attack. This increased threat and risk demands immediate attention by
industry stakeholders at every level of the business.
Cyber-threats are on the rise:
Oil and Gas organisations
detected on average 179%
more security incidents in 2013
compared with 2012
Financial losses from
cyber-attacks are increasing:
Average financial losses soared
470% from 2012 to 2013
Cybersecurity budgets rapidly
growing to counter threats:
Information security budgets
averaged at USD 5 million in
2013, a substantial 32% increase
over 2012 levels
32%
increase
budgets
470%
incidents
197%
security
incidents
201220122012
201320132013
Cyber-threats to the Oil and Gas Industry
Findings taken from PwC The Global State of Information Security® Survey 2014
www.cyberoilandgas.com