Insight and Intelligence on the London & International Insurance Markets 23 Apr 2018

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Cyber risks mount for oil and gas companies: JLT

  • Laura Sanicola 3 April 2018
  • As the oil and gas industry adopts new techniques to store and process large and complex data, offshore and onshore producers face higher exposure to cyber attacks, according to JLT Specialty.

    Oil and gas companies have long been targets of data attacks that can cause physical damage, computer damage and data losses.

    The US Department of Homeland Security's industrial cyber security team logged nearly 300 energy sector cyber incidents in 2015, 20 percent more than in 2014, JLT Specialty noted...

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