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Richard "Dick" Brooks
Richard "Dick" Brooks
Expert Member
Top Contributor

KPMG: US Energy Sector Faces High Risk of Cyber Attacks

No surprises there (click Read More below)

The study's data is alarming: within the last year, 45% of security breaches in this sector were due to third-party vulnerabilities. This figure starkly contrasts with a global average of 29% across various industries.

Furthermore, an overwhelming 90% of repeatedly compromised energy companies were breached via third-party channels.

The growing dependence of the energy sector on digital frameworks has unfortunately opened up new avenues for cybercriminals.

The 3 most common attack paths used by hackers are: 1. People, 2. Software and 3. Supply Chain

Protect those 3 attack paths and you can prevent a significant number of cyber-attacks from becoming a cyber-incident.

Keep in mind, lying on a SEC Form 10-K about Cybersecurity controls can have real consequences, just ask Unisys.ย