The headline $2.9b number from AusGrid's submission has received a lot of press (it's worth noting the language that goes with it of 'in the worst possible case'!), but the detail of their answers is also worth a read. Should ransomware reporting within 72 hours be mandatory? Which standards should IIoT manufacturers adopt? How should data be shared? This is of course only one input to government policy, but noting the scale of AusGrid, it may well be one that carries quite some weight! https://lnkd.in/e5r8wmac
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US electric grid growing more vulnerable to cyberattacks, regulator says The grids' virtual and physical weak spots, or points in software or hardware that are susceptible to cyber criminals, grew to a range of 23,000 to 24,000 last year from 21,000 to 22,000 by the end of 2022 #NERC #utilities #infrastructure #energy #powergrid #cyberattack #security #cybersecurity #hackers #hacking
US electric grid growing more vulnerable to cyberattacks, regulator says
reuters.com
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What does a cyber attack against a power grid look like? Here's an interface being remotely used by attackers in 2015. An interface used to control the flow of electricity. At power substations in Ukraine. Fortunately, this site was not impacted by the attack. Unfortunately, other sites were. Resulting in a blackout for over 250,000+ people. In the middle of the night. In the middle of winter. Sub-zero temperatures. Here are a few ICS/OT security tips to help protect against such a compromise: -> Backup. Backup. Test Restore. Backup. Backup. -> Never expose systems to the Internet -> Require MFA for remote access -> Secure network architecture -> Limit internal access by ACL -> Change default passwords -> Update when possible Thankfully the energy providers fell back to manual operations. Not ideal, but power was restored to over 250,000+ people. In the middle of a Ukranian winter. P.S. Special thanks to Wired for posting the video and sub-titles. P.S.S. And thanks to the operator who was quick to take the video! Link to the video in the Comments section below!
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Interesting story by #FoxNews talking about how #cybersecurity experts are sounding the alarm over the #US power grid's #vulnerabilities. This isn't the first time when the power grid was a focus of the #government's concerns since from 2012-2014 the #Russian #FSB targeted power grids in Kansas and in 2021 targeted the Colonial Pipeline as well was targeted by a Russian #hacking group. This report is just a month after it was reported that the #BidenAdministration was looking at a total ban on Russian backed #software companies similar to the ban being discussed with #TikTok due to cybersecurity concerns on where end-user #data maybe stored as well as potentially using that #technology to #spy on #Americans. Is your cybersecurity facing a potential ban in the US, if so, did you know #Malwarebytes is an #Americanmade cybersecurity solution?
Cybersecurity experts sound alarm over US power grid vulnerabilities
foxnews.com
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Administrative Director for Guardian Support Services, Inc. / ASIS Certification Review Facilitator
This article reminds me of all the articles, professional webinars, and meetings I attended pre-2019 on pandemic awareness and response. It was interesting during the early days of the Covid-19 pandemic when news and government entities would say the pandemic was "Unforeseeable", "Black Swan", ect. I found those comments interesting given how much information I had seen about it prior to late 2019. Even the WEF and UN did a detailed war gaming for global pandemics in 2018 and 2019. Given all the attention to electric utility attacks, specifically cyber. As noted in this article that over 90 known attacks in just the first quarter of 2023. I think we should all be watching out for our community infrastructure in coming months. The next question being: is your household ready? Is your business ready? https://lnkd.in/g8BTKDyz
Girding the Grid
asisonline.org
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Educated thoughts on protecting a vulnerable energy grid here in the United States. How to build new reactors to add to the grid and secure them against cyber attacks. I'm curious about your thoughts.
US electric grid growing more vulnerable to cyberattacks, regulator says
reuters.com
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Every device that gets connected to a network that can get to the internet requires a plan for how it will be kept secure. The devices in this story had software developed by a reputable company that offered timely security updates in response to discovered vulnerabilities. A lapse in security policy for these monitoring devices led to a breach that could have been far worse. Consider this before arbitrarily connecting devices to a home or office network. Too often the software for network connected smart devices is written with little concern for security and little if any ongoing support. Don't open the door for trouble and welcome it in. There is enough trouble that is trying to find you and force it's way in without the help of letting every device under the sun connect and do whatever.
Hijack of monitoring devices highlights cyber threat to solar power infrastructure
csoonline.com
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New reports show the staggering potential cost of a cyberattack on Australia’s largest east coast electricity provider, Ausgrid. Read the full article by clicking below. #Cybersecurity #CyberAttacks #CyberNews
Australia’s largest east coast electricity provider, Ausgrid, has revealed a potential cost of $2.9bn per day if a cyberattack were to occur. The reveal came in response to the Cyber Security Expert Advisory Board’s 2023–30 Australian Cyber Security Strategy: Legislative Reforms Consultation Paper. Ausgrid provides power to more than 4 million Australians who live and work in the area, 105 hospitals, four universities, three major ports, and 37 percent of Australia’s financial services industry. This shows how disruptive a cyberattack could be on the electricity provider. Read the full article on cyberdaily by David Hollingworth: https://bit.ly/44XJjeE. #Cybersecurity #CyberAttacks #CyberNews
Cyber attack on Ausgrid could lead to costs of $2.9bn per day
cyberdaily.au
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⚡️Ausgrid, Australia's largest east coast electricity provider, warns that a cyberattack could cost $2.9bn per day, Highlighting the critical need for robust cybersecurity measures. Read more below. #Cybersecurity #CyberAttacks #CyberNews
Australia’s largest east coast electricity provider, Ausgrid, has revealed a potential cost of $2.9bn per day if a cyberattack were to occur. The reveal came in response to the Cyber Security Expert Advisory Board’s 2023–30 Australian Cyber Security Strategy: Legislative Reforms Consultation Paper. Ausgrid provides power to more than 4 million Australians who live and work in the area, 105 hospitals, four universities, three major ports, and 37 percent of Australia’s financial services industry. This shows how disruptive a cyberattack could be on the electricity provider. Read the full article on cyberdaily by David Hollingworth: https://bit.ly/44XJjeE. #Cybersecurity #CyberAttacks #CyberNews
Cyber attack on Ausgrid could lead to costs of $2.9bn per day
cyberdaily.au
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Director | Cyber Security | Information Security Strategist | Global Industry Speaker | Compliance | UTS and RMIT Mentor
⚡️Ausgrid, Australia's largest east coast electricity provider, warns that a cyberattack could cost $2.9bn per day, Highlighting the critical need for robust cybersecurity measures. Read more below. #Cybersecurity #CyberAttacks #CyberNews
Australia’s largest east coast electricity provider, Ausgrid, has revealed a potential cost of $2.9bn per day if a cyberattack were to occur. The reveal came in response to the Cyber Security Expert Advisory Board’s 2023–30 Australian Cyber Security Strategy: Legislative Reforms Consultation Paper. Ausgrid provides power to more than 4 million Australians who live and work in the area, 105 hospitals, four universities, three major ports, and 37 percent of Australia’s financial services industry. This shows how disruptive a cyberattack could be on the electricity provider. Read the full article on cyberdaily by David Hollingworth: https://bit.ly/44XJjeE. #Cybersecurity #CyberAttacks #CyberNews
Cyber attack on Ausgrid could lead to costs of $2.9bn per day
cyberdaily.au
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Technologist | Cybersecurity Leader | CISO | Trusted Advisor | Enterprise Architect | Digital Transformation Evangelist | Business Leader | Product Management | Strategist, Mentor & Coach
Remember the Colonial Pipeline breach last year which led to public panic in the US? Remember the scene of people filling up plastic bags with gas?! That was just one critical infrastructure firm. Ausgrid in Australia supply energy to 105 hospitals, Australia’s only radiopharmaceuticals production facility, four of the world‘s top 200 ranking universities, three major ports and 37 per cent of Australia’s financial services industry. Their electricity network powers home and businesses of more than 4 million Australians living and working from the Sydney CBD to the Upper Hunter area. Over 20 per cent of Australia’s GDP is generated within their network area. The cost of a cyber attack resulting in a “complete shutdown of infrastructure” could potentially cost more than $2.9 billion each day, or $120 million per hour of disruption, according to Ausgrid. Now, who says Operational Technology (OT) security isn't important? At Lumen Technologies, we have a mission statement - "See More, Stop More". Seeing more so that we minimize your blind spots, we identify gaps in your controls, vulnerabilities that you should be concerned about, weaknesses that could potentially be exploited, risky or suspicious user behaviors, and threats whether they are malicious or suspicious; And we see these so that we can mitigate and remediate them. We may not get you to 100% risk-free, but we'll get you as close to that as we could. #otsecurity #cybersecurity #cyberrisks #seemorestopmore Lumen Technologies Asia Pacific https://lnkd.in/gANVp4eA
Cyber attack on Ausgrid could lead to costs of $2.9bn per day
cyberdaily.au
Link to full submission is here: https://www.homeaffairs.gov.au/reports-and-pubs/files/cyber-security-legislative-reforms/Ausgrid-submission.pdf