Media and software services giant Bloomberg believes that “cyberattacks pose a significant threat to oil and gas companies” supply chains, and in turn, could impact oil-based economies such as the UAE and Saudi Arabia.
Bloomberg recently hosted the "The Future of Cybersecurity: Risk, Readiness and Energy Resilience" event in Dubai. A study by its sponsor Siemens and the Ponemon Institute estimated that financial losses due to cyberattacks on the oil and gas industry were as much as $1 billion in 2017 and Bloomberg Intelligence notes a World Economic Forum survey which found that cyberattacks tops concerns for UAE businesses in 2018.
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Cumbria Constabulary has become the first police force to use the National Management Centre (NMC) for cybersecurity set up under the National Police Chiefs’ Council (NPCC).read more
Phishing Attacks Bypassing 2-Factor Authentication
Penetration testers and attackers have a new tool in their arsenal that can be used to automate phishing attacks in a way that defeats two-factor authentication (2FA) and is not easy to detect and block, reports CSO Magazine.read more
Third of Breaches Caused By Unpatched Vulnerabilities
IT security professionals have admitted that a third of cybersecurity breaches are the result of vulnerabilities that they should have patched.read more