Energy Sector Under Fire: 2nd Most Targeted by Phishing Attacks

Published on
March 14, 2024

The energy sector is crucial for powering our daily lives, making its security more important than ever as cyber and physical risks increasingly converge.

 

Our world has become increasingly interconnected, creating additional gateways for cyber attacks, from unpatched smart thermostats to manufacturing machines.

 

The stakes are also upped: cyberattacks on energy companies can have far-reaching consequences, including power outages, environmental damage, and loss of sensitive data.

Here are some statistics on phishing in the energy sector:

  • $6.39 million average cost of a data breach (Source: IBM)
  • 55% experienced at least one successful phishing attack (Source: Proofpoint)
  • 23% experienced more than five successful attacks (Source: Proofpoint)
  • 2nd most targeted sector, accounting for 14% of all phishing attacks. (Source: CISA)

 

These statistics underscore the importance of implementing effective cybersecurity training and solutions to protect the energy sector from phishing attacks.

 

Energy companies must prioritize cybersecurity training for their employees to safeguard their critical infrastructure and maintain public trust. Jericho Security's AI-driven, customizable training solutions empower energy sector organizations to build a robust human firewall and stay ahead of emerging cyber threats.

 

The Unique Cybersecurity Challenges Facing the Energy Sector:

  • Critical infrastructure: Energy companies operate critical infrastructure, making them prime targets for cybercriminals and nation-state actors.
  • Regulatory requirements: The energy sector must comply with strict regulations and standards, such as NERC CIP and the Energy Policy Act 2005.
  • Insider threats: Employees with access to sensitive systems can pose significant risks through negligence or malicious intent.

 

Jericho Security's Customizable Training Solutions for the Energy Sector:

  • Industry-specific content: Address the unique risks and regulations faced by energy companies with tailored training modules.
  • AI-powered simulations: Equip employees with the skills to detect and prevent sophisticated phishing attempts through realistic, diverse simulations
  • Role-based learning: Deliver targeted training to engineers, plant operators, IT staff, and other employees based on job responsibilities.
  • Continuous improvement: Jericho's platform adapts to each employee's progress, creating a personalized learning experience that maximizes training effectiveness.

 

As the energy sector continues to evolve, so do the cybersecurity risks it faces. By partnering with Jericho Security, energy companies can access customizable, AI-driven training solutions that empower their employees to protect critical infrastructure and sensitive data. With Jericho as your ally, your organization can confidently navigate the complex world of cybersecurity and ensure the continued safety and reliability of the energy services that millions depend on.