By Ziad Al-Sati
Brand View: With almost 50 percent of all cyber attacks in the Middle East directed at energy companies that generate most of the region's income, security of computers and other digital networks is critical
Middle East oil and gas companies are attacked on a daily, perhaps even hourly, basis. Few make headlines or cause explosions. These agressions are purely virtual.
With almost 50 percent of all cyber attacks in the Middle East directed at the energy companies that generate most of the region’s income, security of computers and other digital networks is critical.
Cyber security breaches in the region are widespread and frequently undetected, with 30% of attacks targeting operational technology (OT), according to a study by Siemens and Ponemon Institute. Two-thirds of respondents in the study’s survey experienced at least one security compromise resulting in unrestricted information loss or operational disruption in the OT environment in the past year.
Intrusions have traditionally targeted Information Technology (IT) environments such as PCs and workstations. But with more digitalization and the convergence of IT and OT, there is a new threat to confront as industry gets more connected.
While companies in the region have begun to invest in protecting their assets from cyber threats, more needs to be done. Oil and gas producers in the Middle East dedicate only a third, on average, of their total cyber security budget to securing the OT environment. This suggests that organizations are not aligning their cyber investments with where they are most vulnerable.
Securing this infrastructure requires new solutions and partners who have the expertise in everything from sensors and software to the pumps, transformers and other equipment used in the industry.
To secure OT infrastructure, Siemens developed a four step approach:
To protect critical infrastructure, oil and gas companies in the Gulf Cooperation Council must accerlerate the implementation of cyber security controls, starting with connecting their critical assets to fully benefit from digitalization. By using the technology underpinning the fourth industrial revolution, the industry will be able to monitor and confront attacks on their infrastructure, in real time.
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