Global energy industry is upscaling its cybersecurity spending this year, as heightened geopolitical tensions and the accelerating adoption of digitally
To him, “and the two are connected – safety and security are enablers of the clean energy technologies that need to be deployed and operated at scale in the coming decades.”Despite increased awareness, maturity, and investment in cybersecurity, less than half 42 per cent of energy professionals say their organization is investing enough.
Most energy professionals 78 per cent say geopolitical uncertainty has made their organization more aware of the potential vulnerabilities in their OT as awareness grows about the potential for cyber criminals to cause operational shutdowns and disable safety systems. Energy professionals point to regulation as the factor that will most likely unlock increased budgets in their organizations, as cited by 49 per cent of energy professionals as a top-three driver. By contrast, the next most likely catalyst for increased spending is a cyber incident , cited by 38 per cent.
In the EU, for example, organisations providing essential services, including many in the energy sector, face tougher regulation in the form of the revised Directive on Security of Network and Information Systems , set to be transposed into national laws in 2024.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Subsidy removal: IPMAN moves for alternative energy sourceThe Independent Petroleum Manufacturers Association of Nigeria (IPMAN) has endorsed the use of Compressed Natural Gas (CNG) as an alternative energy
Read more »
As maritime industry awaits Tinubu’s economic agendaPresident Bola Tinubu, in his inaugural speech, gave a snippet of his administration’s roadmap towards achieving a six per cent yearly output target. [ad] He said his administration would address complaints of multiple taxation and various anti-investment inhibitions to encourage local and foreign investors, prioritise road, rail/port infrastructure, reduce interest rates to increase investment, lessen import dependency and ensure job creation.
Read more »
Global energy target unattainable by 2030, report says - Punch NewspapersA joint report from the International Energy Agency, the International Renewable Energy Agency, the United Nations Statistics Division,
Read more »
FG: We Won’t Shift Ground on Determination to Sanitise Advertising Industry – THISDAYLIVE
Read more »
My mission is to influence music industry for God - Singer, SpyroSensational Nigerian singer, Oludipe Oluwasanmi David, popularly known as Spyro, has revealed why he doesn't use 'dirty lyrics' in his songs. The 'Who's
Read more »
Eurozone slips into recession as energy prices soar | TheCableThe eurozone entered a technical recession in the first three months of 2023 as soaring energy prices and rising interest rates drove inflation higher.
Read more »