5th Annual Utility Cyber Security Forum

Energy providers across the spectrum face the increasingly present threat of cyber attacks to their critical infrastructure from nation-state actors. These advanced persistent threat (APT) groups have the resources and support to mount attacks that are complex, orchestrated, and ever-more sophisticated. Utilities face the critical task of continually safeguarding key infrastructure from this kind of compromise and damage. Indeed, According to NextGov.com, between 2018 and 2020, 10% of ransomware attacks that occurred on industrial and related entities targeted electric utilities. During the past two years, utilities have experienced an increase of 50% in ransomeware attacks, due in part to disruptions from Covid-19.