Utility Companies Prepare for AI-Powered Cyber Threats Machine-to-machine attacks could transform the cyber battlefield, Southern Co. chief says Alert me when this program is available for purchase. However, with increased technological incorporation and digitalization, it is imperative for the firms to address the new overheads associated with technology. The Federal Energy Regulatory Commission should require power companies to invest in better cyber security—before a major cyber attack turns out the lights. But threats continue to evolve, reaching into industrial control systems and supply chains, and requiring even greater efforts to manage risk. Cyber security in the energy sector: A danger to society – Part 1 This is the first article in a three part series looking at the state of cyber security in the energy sector. Power companies, with the help of the latest security measures, can safeguard their sensitive infrastructure against cyber threats. Sophisticated cyber actors and nation … Artificial intelligence, cryptocurrency, machine learning, sophisticated cyber-attacks, phishing, malware, viruses, bots, have all caused governments, corporations, and individuals to be on their toes at all times because of constant threat. FREMONT, CA: The energy industry has primarily focused on the reliable availability of energy. Cyberspace and its underlying infrastructure are vulnerable to a wide range of risk stemming from both physical and cyber threats and hazards. In fact, billionaire investor Warren Buffett claims that cyber threats are the biggest threat to mankind and that they are bigger than threats from nuclear weapons. As cyber criminals become increasingly sophisticated and cybersecurity threats continue to rise, organizations are becoming more and more aware of the potential threat posed by third parties. The FERC hopes that by logging all attempted cyber-attacks, it will make it harder for malicious actors to harm electrical systems across the country. Individual attacks and cyber warfare tactics highlight the … ... Electric Power … Asset to … Here, Information Age looks at the potential threats and how cyber … Request Download. The power sector is one of the most frequently targeted and first to respond to cyber threats with mandatory controls. Are they? MP4 video - Standard Price: $9.99 or Free with MyC‑SPAN. The U.S. power grid has long been considered a logical target for a major cyberattack. Cyber security threat: Is Australia's power grid safe from … Last week, a new platform was introduced to help electric energy companies improve protection while reducing the costs of defending the power grid from cyber threats. Cyber attacks have labelled the number one threat to power and utility companies worldwide, a new EY report has found. Forbes takes privacy seriously and is committed to transparency. … Cyber Threats to the Electric Grid. Budgets are rising and power companies are focused on exceeding the baseline security standards required by … These examples are just ten of the thousands of cyber attacks that occur each year in the United States and around the world, affecting millions of customers. Rising security threats and evolving security and privacy requirements are impacting power and utility companies and all energy players.