Earlier this year, we saw the Trump Government Officials confirming their aggressive deployment of Cyber Tools in Digitally invading Russia’s Electric Power Grid. This step is being advocated as long overdue as US authorities have time & again warned Russians against the malware they’ve inserted to possibly sabotage the American Oil & Gas Pipelines, Power plants or Water supplies, lest any conflict should arise between the 2 countries.
More recently, it was India’s Kudankulam Nuclear Plant which had to face a Malware attack, originating in North Korea, that had its Code & Systems come under grave threat. It’s been no more than 3 years since the plant started it’s operations, and it has already been exposed to a Well-Carried, sophisticated Cyber Attack. What’s more worrying is that experts have warned that this is not over; Instead, this seems to be a small part of a much larger operation.
Another instance is when 2 American researchers from the University of Tulsa who, in 2017, infiltrated a Wind Farm. The Proof-of-Concept Malware they developed, brought a Single Turbine in a Wind Farm to rest. They claim they could have easily let it spread from turbine to turbine, paralyzing the entire Farm. It seems, there stood nothing but a simple tumbler lock between the Hacker & his goal to render an entire Wind Farm useless!
Other Industries That Are Prone to Cyber Attacks
- Small Businesses:
The easiest target of Cyber Attacks are Small Businesses because they lack the Resources to safeguard & invest in cybersecurity. Phishing & Malware Attacks are very common attacks done by hackers. Attackers act as a vendor & fool them into clicking on a link to download their sensitive information.
Cyber attacks in the Healthcare sector have more than doubled in the past 3-4 years. It has become a growing cause of concern. Cybercriminals block that Person and/or Organization’s access to their own data and don’t provide that access until a ransom is paid.
- Government Agencies:
Another highest & largest target of ransomware attacks are no wonder, Government Agencies. They have a considerable amount of sensitive Information, which is of immense value. Attackers use their competency to interrupt Cyber Networks and systems to abstract data and information.
- Financial Institutions:
Financial institutions & Banking Sectors are more vulnerable to app-based trojans and fraudulent banking apps. Here Cyber Criminals create a false version of a banking login page and get access to the user’s login details.
This sector is an easy target of Malware Attacks with the rising use of Technology. Attackers crash the computer system which impacts millions of students and also takes out their personal details.
How Should The Major Industries of the World Go On and Protect Themselves?
Oil, Gas, Windmills, Power Plants, Nuclear plants, Manufacturing systems etc. – are all vulnerable to hacking in today’s age. One of the major steps in securing a system is to detect anomalies in the data. This can be done through: Security Analytics (One of the most significant tools out there)
For example, we need Offshore operators in the oil and gas industry to collect as well as interpret operational data in real-time. But, without Security Analytics in place, their ability to determine whether their Data has been compromised or not is largely reduced.
Even with all the Right Security measures in place, a well-rounded solution still remains far from complete for an Enterprise. What we need, in addition, is a string of highly researched and developed comprehensive strategies to manage the day-to-day hacking risks. Today, the major industries of the world need a cybersecurity plan that perfectly aligns itself with their digital strategy.
Cyber Octet is one such organization that you can trust with providing all the Security you’ll need in order to protect your Enterprise.
We do need every organization to be focused on protecting their own Assets & Operations; in addition though, enterprises everywhere should also put more emphasis on working together to protect the industry they belong to.