Many cybersecurity experts predict that the utility sector represents the greatest threat to the United States and the rest of the world and presents a potential new war front. Cities, states, and countries would be hard pressed to survive without running water, electricity, and / or natural gas. Cybersecurity Ventures predicts that between 2019 and 2022, the utility sector will represent one of the most "cyber-attacked" industries. When you combine this with the fact that a 2018 report suggests that utility companies spend less than 0.2% of their annual revenue on cybersecurity services, this could be a recipe for disaster. A recent KPMG report found that 48% of utility CEOs believed becoming the victim of a cyber-attack was a matter of "when" and not "if".
The good news is that Compass IT Compliance has you covered. With a robust service offering focused on information security combined with our extensive work with utility companies, Compass is ready and willing to help you mitigate your risk!