Cyber security spending by Oil and Gas companies to reach $1.87 billion by 2018 | Network with Maersk Oil, Petroleum Development Oman and GDF Suez
September 21, 2013 --
London (PRWEB UK) 21 September 2013
Cyber criminals are increasingly sophisticated, highly organised and constantly inventing ways to bypass traditional defences such as anti-virus and firewalls. Cyber security incidents worldwide are increasing daily and one of the most vulnerable sectors is oil and gas where over 2 million threats of varying complexity are experienced weekly. With such attacks increasing in frequency and sophistication, oil and gas companies are faced with an urgent need to protect their highly valuable intellectual property and commercially sensitive information. Managing network security and wireless communication systems, as well as defending IT infrastructure from external virus attacks and internal compatibility threats is now a top priority. Against this backdrop, oil and gas companies are now heavily investing in establishing the most comprehensive security systems for their assets and digital infrastructures as spending is set to reach $1.87 billion by 2018.
(Source: ABI Research, 29 Jan, 'Cyber-attacks Against Oil & Gas Infrastructure to Drive $1.87 Billion in Cybersecurity Spending by 2018', https://www.abiresearch.com/press/cyber-attacks-against-oil-gas-infrastructure-to-dr)
SMi's 3rd annual Oil and Gas Cyber Security conference, taking place on 25-26 November in London, will address the most pressing cyber security issues facing the oil and gas sector with key presentations delivered by senior industry figures from Maersk Oil, Petroleum Development Oman and GDF Suez. The two-day programme will build on the success of the 2012 event and discuss recent efforts to bolster protection of highly valuable intellectual property and commercially sensitive information on production, exploration plans and assets.
Speaker Panel includes:
Claudio Lo Cicero, Head of Global Information Security, Maersk Oil
Fathiya Al Farsi, Head IM&T Risk Management, Petroleum Development Oman
Phil Jones, Security and Resilience Manager, GDF Suez
Annemarie Zielstra, Director, International Relations, Cyber Resilience, TNO
Geir Arild Engh-Hellesvik, Senior Manager, Technology Risk Services, BDO Norway
Auke Huistra, Lead Workforce Development PCD IT Security, TNO
Andrea Rigoni, Director General, GCSEC Global Cyber Security Centre
Edward Hamilton, Head of Threat and Vulnerability Management, PWC
To view the full speaker line-up and complete two-day programme, visit http://www.smi-online.co.uk/2013cyber-security17.asp.
Read the full story at http://www.prweb.com/releases/cyber/security/prweb11148798.htm.