Energy Domain’s Post

For my contacts in the Energy & Utilities sector, does this align with your experience? The #Verizon 2023 Data Breach Investigations Report #DBIR, shows the Energy & Utilities sector has seen Social Engineering breaches drop out of the top attack patterns (despite an overall rise). System Intrusion Basic Web Application Attacks Miscellaneous Errors Represents 81% of breaches. When it comes to what the threat actors are taking, there's a significant rise in Internal data (33% this year as opposed to 9% last year).

Consumer Energy Resources (CER) are becoming an essential part of Australia's energy framework and will be crucial to reach our net zero ambitions. Data is key to unlocking the full potential of CER and to successfully integrate it into the energy mix, yet it also introduces fresh challenges around privacy and security within our energy networks. Keen to understand more? Join me in exploring the types of data linked to CER, its critical importance, the application of the federal Privacy Act, and why data sharing agreements are crucial. #EnergyTransition #NetZeroAustralia #DataPrivacy #DataSecurity #PrivacyAct #CER #ConsumerEnergyResources 

The King & Wood Mallesons Tech and Energy teams have prepared this brilliant article, discussing the crucial role data plays in unlocking the full potential of Consumer Energy Resources (CER) and the challenges this creates in terms of privacy. Read more below. This article is the second of a five part CER publication series, exploring the emerging opportunities and challenges associated with the uptake of CER in Australia from the angle of tech law. #EnergyTransition #NetZeroAustralia #DataPrivacy #DataSecurity #PrivacyAct #CER #ConsumerEnergyResources 

This case study highlights the #transformative impact of AI and machine learning on #RiskAnalysis for an oil and gas provider. By leveraging #AdvancedAnalytics, dss+ helped uncover insights from complex data, improving incident understanding and #RiskManagement. Through #AI modeling and natural language processing, previously unnoticed factors were identified, enabling the client to make more informed decisions for #SaferOperations.

Energy and utility organizations are attractive targets. 🎯 #Optiv outlines more about the APT groups, #Ransomware groups and other threat actors that pose the biggest #CyberRisk.

I read this : CIA triad is also important in safeguarding critical assets and infrastructure such as water, oil and gas facility and electricity grid systems. These systems are mainly operational Technology systems which are often forgotten in the scheme of Information Technology assets because they are mainly passive devices. These attack surfaces are critical to National security and attackers are targetting the behavioral data such as tenperature, pressure eternal to gain unauthorized access and steal confidential data. -O Usman @10Alytics

At the end of 2023, The North Sea Transition Authority issued their highest fine to date to Repsol of £160,000 for flaring more than 73 tonnes of gas without proper consent. This has caused shockwaves throughout an industry that relies on trust as its backbone. Trust is paramount for maintaining relationships across the supply chain, with investors, regulators and the general public. Secure shared data and using emissions management platforms such as Energy Transition Databox can help to mitigate risks associated with safety violations and regulatory fines by facilitating collaboration, transparency and fostering a culture of accountability within the industry. Read more about the role of secure shared data to avoid the backlash of regulatory bodies in our latest blog post: https://lnkd.in/e3N2fxeJ #repsol #nstafine #regulatorycompliance #secureshareddata #emissionsmanagement #cybersecurity

Consumer Energy Resources (CER) are becoming increasingly vital in Australia's energy landscape. The successful integration of CER is critical for the country to achieve its net zero targets. Data plays a crucial role in maximising the benefits of CER. However, the collection, use, storage, and transfer of this data also bring new vulnerabilities to the energy ecosystem in terms of data and privacy. To gain a better understanding, continue reading to explore the different types of data relevant to CER, the significance of data, the application of the federal Privacy Act, and the importance of data sharing agreements. https://ow.ly/KPVH50SmSZ5

Failing to comply with NERC-CIP standards can put your system at risk of system failures and costly fines. Because of this, it's crucial to prioritize NERC-CIP supervision for any utility construction projects. Learn more in our blog! https://lnkd.in/dUVF_mkT #utilityconstruction #techserv

Energy companies: effortlessly meet #NERC CIP-008-06 1-hour and 24-hour incident reporting deadlines with the BreachRx platform. Never miss a beat with automated workflows and streamlined regulatory guidance. Simplify your incident response approach today! #incidentresponse #energy #regulatory #compliance