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Ransomware poses a major threat to the energy sector, with attacks causing severe disruption and high remediation costs. Without an incident response plan, the impact on operations and reputation can be devastating.
Electric-power and gas companies are especially vulnerable to cyberattacks, but a structured approach that applies communication, organisational, and process frameworks can significantly reduce cyber-related risks. Working with key players in the energy industry to ensure they have the right IT and OT security controls and help them identify potential weaknesses.
Contact our Energy & Utilities Cyber Security Experts
The cyberthreats facing electric-power and gas companies include the typical threats that plague other industries: data theft, billing fraud, and ransomware. However, several characteristics of the energy sector heighten the risk and impact of cyberthreats against utilities. While most utilities have become aware of the risks associated with cybersecurity, inconsistencies still exist in their ability to secure funding to invest in OT and IT cybersecurity controls.
70%
U.S. energy sector saw a 70% increase in cyberattacks from 2023 to 2024.
200%
Increase in utility attacks in 2023; average breach cost $4–5 million.
$4.78M
The average cost of a data breach in the energy sector was $4.78 million in 2023
Threat actors exploit vulnerabilities in third-party vendors to infiltrate networks. These attacks often involve malware or compromised software, leading to breaches of sensitive data. Their complexity makes detection and response especially challenging.
IT and OT convergence boosts efficiency but expands the attack surface. Previously isolated systems are now connected to cloud and IT networks, increasing exposure to cyber threats. Secure architecture and strong technical controls are essential to manage these risks.
Ransomware poses a major threat to the energy sector, with attacks causing severe disruption and high remediation costs. Without an incident response plan, the impact on operations and reputation can be devastating.
Energy cybersecurity attacks can damage human health and safety, as well as economies and national security. The energy sector must favour protection of the common good. Increasing cybercrime requires that a cybersecurity strategy that addresses specific cyberthreats in the energy and utilities sectors evolve around the following components-
Dionach’s cyber security experts have a solid history of working with Energy and utilities industries, delivering safe audits of critical Operational Technology (OT) and Process Control Networks (PCNs).
As a trusted cyber security partner for Energy & Utilities organisations, our long standing 25-year background, combined with our in-house innovation and research team enable us to stay on top of the latest cyber security threats to Energy & Utilities and empower organisations to meet the challenges faced in today’s complex cyber security landscape.
We deliver the whole spectrum of cyber security services, from long-term, enterprise wide strategy and implementation projects to single penetration tests.
Our team works with you to identify and assess your organisation’s vulnerabilities, define enterprise-wide goals, and advise how best to achieve them.
Our recommendations are clear, concise, pragmatic and tailored to your organisation.
Independent, unbiased, personalised – this is how we define our services. We guide you to spend wisely and invest in change efficiently.
Our recommendations are clear, concise, pragmatic and tailored to your organisation.
Independent, unbiased, personalised – this is how we define our services. We guide you to spend wisely and invest in change efficiently.
