Cyber Security Research Education Institute and Trend Micro

University Texas Dallas: In a separate survey the same month, conducted for the Organization of American States by another security company, Trend Micro, 47 per cent of energy organizations reported attacks, the highest among all corporate sectors and surpassed only by governments, according to Business Week. Nowadays you have computers running everything, said Alvaro Cardenas, a computer-science professor at the University of Texas at Dallas and a member of the Cyber Security Research and Education Institute. A study conducted in April by Symantec, the world biggest cybersecurity firm, found that computer-system invaders attacked 43 per cent of global mining, oil and gas companies at least once last year. You can create blackouts or oil spills and hurt a lot of people. Cybercrimes cost energy and utilities companies an average of $13.2 million each a year for lost business and damaged equipment, higher than in any other industry, according to Poneman survey of 257 businesses. As if last year oil-price drop wasn’t enough, costs for energy companies rose faster than the US average over the last five years, according to a study by the Poneman Institute for Hewlett-Packard. (news.financializer.com). As reported in the news.

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