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🔒 Critical Infrastructure, Critical Risks 🔒 A recent study by SecurityScorecard and KPMG sheds light on a growing risk in the U.S. energy sector—third-party vulnerabilities. According to the report, 45% of cybersecurity breaches in U.S. energy organizations stem from third-party vendors, nearly double the global rate of 29%. Even more striking, 90% of energy companies that faced multiple breaches had security issues linked to their vendors. This study is a powerful reminder that the energy sector, often not viewed as a prime target, has become increasingly vulnerable to cyber threats. This lack of perception may have contributed to the current surge in incidents. To safeguard the infrastructure that powers our nation, it's critical to establish mandatory security standards for vendors working within this space, as the article strongly emphasizes. Additionally, the findings underscore the need for a collective defense strategy across the industry. By fostering a unified approach to cybersecurity, energy companies and their partners can better protect our resources from the growing threat landscape. At Symposit, we’re committed to partnering with organizations to identify and mitigate third-party risks, helping secure the systems that underpin our nation’s most essential services. Check out more information and findings in the article: https://ow.ly/qPpL50TVp8F #Cybersecurity #EnergySector #ThirdPartyRisk #CriticalInfrastructure #CollectiveDefense

Third-party vendors drive 45% of breaches in US energy sector

Third-party vendors drive 45% of breaches in US energy sector

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