The changing world of oil and gas
Operational technology (OT) refers to computing systems used to manage industrial operations as opposed to administrative operations. Operational systems include production line management, mining operations control, and oil and gas monitoring. In the oil and gas sector, these systems are used to monitor and control operations across the entire value chain. OT systems are increasingly vulnerable to subversion.
Cybersecurity in the oil and gas sector has multiple dimensions, including latent ones and those not immediately discerned by the human eye. The risk-savvy security executives will base their investment decisions on clear understanding of what the critical business processes are, what are the risks of underlying technology and what is the impact of violation in availability, integrity or confidentiality of process data.
At the heart of oil and gas operations, where the extraction or production takes place, the availability of process and integrity of process data are the primary focuses for most security engineers in the field. Any potential incident that violates process data will have the biggest impact on the bottom line.
Importance of intelligence against cyber threat and integration in the oil and gas industry
Early warning and detection of breaches are essential for being in a state of readiness, indicating that the emphasis of cybersecurity has changed to threat intelligence. Oil and gas companies need to invest more in threat and vulnerability management systems. Organizations may not be able to control when information security incidents occur, but they can control how they respond to them — expanding detection capabilities is a good place to start.
A well-functioning security operations center (SOC) can form the heart of effective detection. By leveraging industry-leading practices and adopting strategies that are flexible and scalable, oil and gas organizations will be better equipped to deal with incoming (sometimes unforeseen) challenges to their security infrastructure. The industry has to change its perception about security investment as an obligatory cost and instead see it as business enabler