A Timeline Of Significant Attacks And Their Impact

Ransomware Attacks Surge in Energy Sector, Threatening Critical Infrastructure

A Timeline of Significant Attacks and Their Impact

The energy sector has become a prime target for ransomware attacks in recent years, with organizations facing mounting threats as attackers adopt new technologies. This white paper provides a comprehensive timeline of all significant energy-sector ransomware attacks over the past year, highlighting the evolving tactics and techniques used by cybercriminals.

Top Cyberthreats Facing Electric-Power and Gas Companies

Electric-power and gas companies face a wide range of cyberthreats, including traditional attacks such as malware and phishing scams. However, ransomware attacks have emerged as a particularly potent threat, with hackers often targeting sensitive data and threatening to release it unless a ransom is paid.

Most ransomware attacks against companies in the critical-infrastructure sectors of oil, energy, and utilities have succeeded through phishing emails, which trick employees into clicking malicious links or opening infected attachments. These attacks have cost utilities significant sums in recovery time and funding, as they struggle to restore their systems and prevent further damage.

New Data Reveals Concerning Increase in Attacks

Recent data from Resecurity has revealed a concerning increase in ransomware attacks on the energy sector, specifically targeting oil and gas companies. This surge in attacks highlights the growing sophistication of cybercriminals and the need for energy companies to take proactive steps to protect their critical infrastructure.

The timeline of ransomware attacks provided in this white paper offers valuable insights into the evolution of threats facing the energy sector. Organizations can use this information to stay informed about the latest trends and to develop effective strategies for mitigating risks.