Strengthening Cyber Resilience in the Oil and Gas Industry
The oil and gas industry uses a variety of complex systems and technologies that are becoming increasingly vulnerable to cyberattacks. Now, through the Cyber Resilience Pledge, more than 20 global CEOs have committed to work together to improve cyber resilience across the ecosystem. Read about their collective efforts in this Journal of Petroleum Technology blog post.
What is the Cyber Resilience Pledge?
The Cyber Resilience Pledge is a commitment made by over 20 global CEOs in the oil and gas sector to enhance cyber resilience across the industry. This initiative, launched as part of the World Economic Forum's Cyber Resilience in Oil and Gas initiative, aims to foster a collaborative approach to protecting digital infrastructure and assets. Endorsers include major companies like Saudi Aramco, Shell, and Petronas, who have agreed to follow guiding principles that promote a cyber-aware corporate culture.
Why is cybersecurity important in the oil and gas industry?
Cybersecurity is essential in the oil and gas industry due to its heavy reliance on complex technologies and information systems. A successful cyberattack can lead to operational disruptions, economic losses, damage to reputation, and even environmental harm. Given the sector's role in powering the global economy and its importance to national security, protecting this critical infrastructure is vital for societal stability.
What challenges does the oil and gas industry face regarding cyber threats?
The oil and gas industry faces several challenges related to cyber threats, including the evolving nature of attacks from various actors such as nation-states and hacktivists. For instance, prior to the Ukraine crisis, at least 21 U.S. gas producers experienced cyberattacks targeting their operations. Additionally, incidents like the 2021 attack on a major U.S. pipeline highlighted how cyber incidents can disrupt not only the industry itself but also have cascading effects on other sectors, such as aviation.
Strengthening Cyber Resilience in the Oil and Gas Industry
published by Hixardt Technologies, Inc.
Hixardt is a professional IT managed cybersecurity service provider, offering cloud managed services, virtualization, compliance, and support desk services. We specialize in email threat intervention, network intrusion protection, backup solutions, disaster recovery options, and compliance services to meet the demanding needs of commercial businesses, non-profit organizations, and state, local and federal government offices.
Today’s organizations need to ensure their productivity, profitability, and continuity. As a strategic technology provider, Hixardt is as involved as you need us to be. With our best-in-class portfolio of products and services, we help you secure and grow your digital environment—from system architecture, to management, to optimization, and to protection and recovery.
We are Hixardt. We make IT Happen.
Sign in with LinkedIn