GlobalData: Energy companies need to invest in cybersecurity to prevent supply risks
Published by Elizabeth Corner,
Senior Editor
World Pipelines,
Energy infrastructure is a high-value target for cybercriminals. Attacks on critical national infrastructure (CNI) can have an outsized impact, disrupting essential services, causing nationwide instability, and generating financial gains for hackers. As geopolitical uncertainty intensifies, so does cyber espionage, making it crucial for energy companies to invest in resilient cybersecurity programs, says GlobalData, a leading intelligence and productivity platform.
GlobalData’s Strategic Intelligence report, “Cybersecurity in Energy,” highlights how cybersecurity impacts key challenges in the energy industry. These include digitalisation, distributed energy resources (DERs), grid modernisation, supply chains, third-party vendors, and geopolitics.
Ravindra Puranik, Oil and Gas Analyst at GlobalData, comments: “Energy companies depend on extensive third-party ecosystems, making supplier vulnerabilities a major cyber risk that can spread into IT and OT environments. Attacks exploiting shared vendor software (e.g. file-transfer tools) have hit major players.”
Puranik continues: “Mitigation requires stronger vendor governance, such as continuous monitoring, standards, segmentation, least privilege, audits, and joint incident response.”
GlobalData notes that digitisation and the convergence of information technology (IT) and operational technology (OT) are connecting legacy assets and modern grid technologies, expanding entry points where IT compromises can disrupt operations. Generative artificial intelligence (AI) further increases attacker speed and sophistication, shrinking defenders’ response windows.
Puranik concludes: “Oil and gas firms should invest in specialised cybersecurity services that provide continuous monitoring and rapid response, expert validation, and strong operational readiness. Equipment and oilfield service providers should also add product-focused services such as secure development support and security audits/certification to reduce supply chain risk and maintain customer trust.
“Cybersecurity is integral across the oil and gas value chain, for securing data, safeguarding asset integrity, and preventing financial losses.”
Read the article online at: https://www.worldpipelines.com/equipment-and-safety/03082026/globaldata-energy-companies-need-to-invest-in-cybersecurity-to-prevent-supply-risks/
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