Cyber Attacks Threatening Oil and Gas Sector Severely Now Than Ever Before

January 17, 2016

In 2013, we at HackRead reported how oil and gas sector faces serious physical and online security threats. Now, as per the data received by firms belonging to the oil and gas industry, 2015 has been quite trying and testing for them.

It can be stated so because a majority of oil and gas industry firms (more than 82%) were targeted by cybercriminals within the last 12 months.

The findings were obtained by Tripwire, a security vendor firm, through a study conducted to analyze the extent to which firms in energy, oil, and gas sectors were prone to cyber threats.

More than 150 IT professionals from firms related to the abovementioned sectors responded to

Tripwire’s study and the results painted a grim picture of the energy industry, which witnessed a series of successful malware attacks.

The most recent such incident occurred in Ukraine in which the country’s main power grid system underwent prolonged power outages during the Christmas holidays.

More than half (53%) of the 82% of companies that were targeted by hackers last year state that they experienced an overwhelming upsurge in attacks.

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