Experts: Cyberattacks Could Threaten Entire Countries, Not Just Energy Assets

[InfoSec News <alerts () infosecnews org>]

https://oilprice.com/Latest-Energy-News/World-News/Experts-Cyberattacks-Could-Threaten-Entire-Countries-Not-Just-Energy-Assets.html

By Tsvetana Paraskova
Oilprice.com
Nov 14, 2018

Cyber attacks have grown bolder and increasingly creative and some of them 
target the shutting down of entire countries, not just disrupting oil and 
gas assets or stealing identities, according to industry experts.

"At some point (hackers) were after a quick buck, just wanting to make 
some money and steal a few identities," Wael Fattouh, a partner with PwC 
in Saudi Arabia, said at the ADIPEC energy conference in Abu Dhabi on 
Wednesday.

"But now you have teams of people dedicated to coming up with creative 
ways of shutting down entire countries -- not just companies," CNBC quoted 
Fattouh as saying at the event.

Experts have been warning for some time that oil and gas companies and 
entire countries that are big oil producers could be vulnerable to cyber 
threats. An analysis of data collected from 134 countries by the 
International Telecommunication Union has revealed that some of the 
world’s biggest oil producers -- including Iraq, Saudi Arabia, Venezuela, 
Iran, and the UAE -- are lacking in the cybersecurity department.

[...]

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