Powering cyber resilience in the energy sector
This whitepaper by VDC Research reveals cybersecurity as the main challenge for energy and utilities organizations going through digital transformation, highlights the destructive consequences of inadequate OT protection, and provides core capabilities that energy organizations must prioritize today to strengthen their cyber resilience.
Understanding digital transformation in energy and utilities
By accelerating digital transformation, energy and utilities organizations expect their generation, transmission and distribution to become more effective, reliable and sustainable.
Digital transformation is a current tendency for the sector:
75%
of surveyed energy and utilities organizations plan their operational models to be «fully digital» within 2 years.
Key blocker: cybersecurity concerns
The increasing reliance on digital OT infrastructures causes cybersecurity risks to grow. The good news is that energy organizations are aware of the situation:
52%
of respondents highlight cybersecurity-related concerns as the main factor preventing them from implementing digital technologies in OT environments.
However, this awareness does not convert into effective cyber protection:
More than half of respondents noted that their organization experienced a cyber incident resulting in >$1m loss.
The average production downtime due to cyber breaches among organizations is 19 hours.
The factor amplifying the risks further and posing a separate problem is talent shortage:
45%
of organizations cite
the insufficiency of specialized OT
cybersecurity talent as the critical
security challenge.
Can you improve
OT cybersecurity under these conditions?
Download the industry-tailored whitepaper to get insights and actionable recommendations for strengthening your resilience.
Get your free copy
To access the material, please complete the form using your work email.