As potential cyber-attack surfaces grow in the energy industry, having a comprehensive security program is being critical like never before.

FREMONT, CA: In today's highly connected world, reliable energy service needs cyber-resilient energy delivery systems. Leading energy companies today are adopting cybersecurity practices intended to reduce the impact of any incident that might put energy delivery at risk. There is a lot that firms can do to minimize risk and better protect their energy assets. Below is a brief of related activities that can be put into place by energy firms to address cyber risk efficiently. 

• Developing a Better Understanding of Cyber Risk Management

Developing a better understanding of how to manage cyber risks associated with energy systems, data, and capabilities is primary for organizations. For this energy, firms need to identify the systems, devices, users, data, and facilities that support daily business processes, and appropriately prioritize them. Ensuring that the organization’s business environment and governance align with essential security goals, and employing useful risk assessment tools and risk management strategies is a must. 

• Establishing Appropriate Activities and Tools

Developing appropriate tools and activities to identify the occurrence of cybersecurity events is primary in addressing security challenges. To detect lateral movement and theft, energy firms need to make detection to occur not only at the perimeter but also within the network. For that, firms need to properly segment networks, patch systems, remove the default and shared passwords and monitor unauthorized access or activity. In addition to this, energy firms also need to assess current security posture and its accuracy and efficacy towards responding to threats rapidly. Firms need to continually pressure test tools and processes and conduct incident dry-runs to ensure familiarity, where security teams can learn while responding.

• Maintaining Plans of Resiliency

Maintaining plans of resiliency and the ability to quickly restore any capabilities or service that suffered impairment due to security breach is of utmost importance for energy firms.  Using detection tools can capture indicators of compromise and deliver procedures that will save time in determining where the attack happened and what attacker’s goal is. Besides having resiliency plans in place, a best practice is a must of security teams to score efficacy against various forms of cyberattacks. 

Following a security framework will strengthen the energy industry’s cybersecurity capabilities and better protect firms and their customers.

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