Oil and Gas Cyber Security spending set to reach $1.87 billion by 2018

LONDON - Nov. 11, 2015 - PRLog -- With an escalation in the frequency, severity and impact of cyber attacks; operators are now heavily investing in establishing the most comprehensive security systems for their assets and digital infrastructures with spending set to reach $1.87bn by 2018. Oil and gas companies are becoming more adept at prevention and detection methods with innovation also on the rise. This is indicated in a recent report released by PwC, which has highlighted a 38% increase in detected information security incidents and a 24% boost in security budgets in 2015.

Against this backdrop, SMi's 5th annual Oil and Gas Cyber Security conference will evaluate current cyber security measures with keynote presentations and case studies from DECC, SSE, National Grid, British Gas and more. The two-day programme will build on the success of the 2014 event and discuss recent efforts to bolster protection of highly valuable intellectual property and commercially sensitive information. Managing security of networks and wireless communication systems, as well as defending IT infrastructure from external virus attacks and internal compatibility threats is a top priority.

Case studies at SMi’s 5th Oil and Gas Cyber Security conference include:
• DECC and Energy Sector Cyber Security
Deborah Petterson, Head of Energy Cyber Security, DECC

• Challenges of Cyber Security in the Critical National Infrastructure
Graham Wright, CISO & Global Head of Digital Risk and Security, National Grid

• How the UK energy networks are organising to face the increasing threat to supply
Joe Dauncey, Head of Information Risk and Security, SSE

• The Digitalisation of the Oil & Gas Sector – Internet of Things
Chris Patten, Enterprise Architect, Technologist, British Gas

View the full speaker line-up and two-day conference programme at http://www.smi-online.co.uk/2015cyber-security2.asp