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!
Written by our highly experienced IT security and compliance professionals