Costs of protecting assets from cyberattacks exposed

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Costs of protecting assets from cyberattacks exposed

The shockingly high cost of protecting against cyberattacks has been revealed today (11 January), with the energy industry forking out approximately £265 million annually to combat the growing threat of data breaches and system outages.

Research from AVORD – a new security testing platform that launches today – reveals that 94% of the energy industry has seen an increase in the number of data breaches over the last five years.

Opportunistic multi-national consultancies are being blamed for inflating the price of security testing in the UK, with energy companies being charged inflated prices to conduct tests on their critical assets.

https://www.worldpipelines.com/equipment-and-safety/11012019/costs-of-protecting-assets-from-cyberattacks-exposed/