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Volume 27, Issue 3

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March 20, 2014

Next generation industrial control systems create ‘open invitation’ for hackers

The global energy sector is increasingly vulnerable to cyber-attacks and hacking, due to the widespread adoption of Internet-based, or ‘open’, industrial control systems (ICS) to reduce costs, improve efficiency and streamline operations in next-generation infrastructure developments.

According to the Marsh Risk Management Research paper, ‘Advanced Cyber Attacks on Global Energy Facilities’, energy firms are being disproportionately targeted by increasingly sophisticated hacker networks that are motivated by commercial and political gain.

Releasing the paper at Marsh’s bi-annual National Oil Companies (NOC) conference being held in Dubai, Andrew George, Chairman of Marsh’s Global Energy Practice, commented:

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