Xage Security offer a comment on the rise of cyber threats
Published by Isabel Stagg,
Editorial Assistant
World Pipelines,
As oil industry giant Halliburton investigates a potential cyberattack, Roman Arutyunov, Co-Founder at Xage Security, pulled together thoughts about the rise of cyber threats facing both the oil and gas industry and the broader critical infrastructure sector. However, Roman is certain of the path forward: implementing a zero trust cybersecurity framework across all US infrastructure.
Roman Arutyunov, Co-Founder & SVP of Product at Xage Security:
“The alleged cyberattack on Halliburton, the second-largest oil service company in the US, underscores the urgent need to strengthen our infrastructure against increasingly sophisticated cyber adversaries. Securing our infrastructure is not just about protecting individual companies; it’s about safeguarding the fabric of our society, economy, and global supply chain.
Hits to our critical infrastructure have outsized impacts on everyday people. They can have environmental and safety risks. They can also disrupt everyday life – as we saw with the most recent high-profile attack in oil & gas – the Colonial Pipeline attack of 2021. They also hurt the economy, which in turn, hurts us all. With regulations, oil & gas has made leaps to be more secure (other industries can not boast 3 years between major attacks), but there’s a lot of work still left to do.
Many companies still rely on outdated cybersecurity measures. All critical infrastructure operators must adopt zero trust cybersecurity solutions, as this model has become essential in the fight against evolving threats. Zero trust emphasises robust authentication, continuous monitoring, and least privilege access, ensuring that every user and device is thoroughly verified and every access request is meticulously scrutinised. By embracing this approach, organisations like Halliburton can significantly bolster their cyber defenses, reduce risks, and safeguard their critical systems and data from potential breaches."
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World Pipelines’ August 2024 issue
The August 2024 issue of World Pipelines includes a keynote section on pipeline project management, technical articles on inspection, condition assessment, servicing, and surface preparation. We also cover OT software, CO2 and hydrogen pipelines, and pipeline construction topics.
Read the article online at: https://www.worldpipelines.com/business-news/23082024/xage-security-offer-a-comment-on-the-rise-of-cyber-threats/
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