A recent KnowBe4 report reveals a significant rise in cyberattacks on the energy sector, particularly as it undergoes digital transformation and shifts toward renewable sources. Between 2020 and 2022, the frequency of attacks on utilities more than doubled, with European firms particularly affected. The report highlights a concerning trend of under-reporting and lack of detection, resulting in serious disruptions and compromised data. Phishing and ransomware are leading causes of revenue losses, prompting 94% of firms to invest in AI-driven cybersecurity solutions to bolster defenses against these escalating threats.
The energy sector's shift toward renewables and digital transformations has led to a dramatic increase in cyberattacks, necessitating urgent enhancements in cybersecurity measures.
Cyberattacks against utilities more than doubled from 2020 to 2022, with European energy companies experiencing a threefold increase in operational technology incidents.
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