Interview With Rigzone.com – Directive Seeks To Coordinate Response To Oil, Gas Cyberattacks
In a recent interview with Rigzone, Jeremiah Talamantes of RedTeam Security discusses the potential impact of newly minted US policy and its potential impact on Critical Infrastructure, namely the Oil and Gas industry. The Presidential Policy Directive 41 (PPD 41) on the United States Cyber Incident Coordination, signed July 26 by President Obama and now in effect, establishes guidelines for how the U.S. federal government will respond to cyberattacks launched against the public and private sectors.
This includes U.S. companies across a number of industries, including oil and gas. The cybersecurity risks that oil and gas companies face continue to grow, according to the 2016 BDO “Oil & Gas Risk Factor” report. Risks associated with data breaches have grown from just 12 percent in 2012 to 74 percent in 2016, with cybersecurity proving to be a rapidly moving target as bad actors evolve and leverage increasingly sophisticated hacking methods, BDO stated in the report. BDO is an accounting and consulting firm that provides services to over 400 publicly traded domestic and international clients.
The oil and gas industry should mainly be concerned with Section V(B)b of PPD 41, Talamantes told Rigzone. In his opinion, this section suggests significant involvement of multiple federal agencies in a time of a “significant cyber incident”.
“Additionally, the way this type of incident is broadly defined within this document, there are a lot of instances where the federal government could justify its involvement, oversight and presumably regulation,” Talamantes explained. “The bottom line for the operator here is they will be hit with increased costs, liability and public exposure, as well as future regulatory problems.”
National TV news and media outlets often consult with us for our expertise as a boutique, high-touch ethical hacking firm highly trained in a narrow field of cybersecurity. Please click on any logo below to view the featured story.
Learn how our security experts can reduce your organization’s security risk!
Test the effectiveness of your own security controls before malicious parties do it for you. Our security experts are here to help — schedule a call today.
Dedicated Client Portal
Interact in real-time with your RedTeam security professionals on our user-friendly client portal and see firsthand as the team closes in on your company data.
Our expert penetration testers use their coding backgrounds to build tools to expand their testing capabilities and provide more comprehensive results on every engagement.
We hold industry-leading certifications and dedicate part of every day to research the latest exploit techniques to ensure our clients remain protected from evolving online attacks.
Free Remediation Testing
Once your team addresses remediation recommendations, RedTeam will schedule your retest at no additional charge.
Union Depot Building 214 4th Street E., Suite 140 St. Paul, MN 55101