77% of Canadian energy companies lack cybersecurity protection, study finds

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Industry’s assets such intellectual property, trade secrets and vast amounts of customer data, need to be protected, security company report says

More than three-quarters of Canadian energy companies fail to have basic cybersecurity measures in place, a security lag that puts the country's energy infrastructure at risk, a new study has found.

Freedman told Glacier Media the energy sector is an increasingly attractive target for both financially motivated cybercriminals and nation-state actors. The protocol has three levels of protection — monitor, quarantine and reject, with reject being the most secure for preventing suspicious emails from reaching the inbox.

She said Canada’s Onshore Pipeline Regulations and the Canada Standards Association provide a regulatory framework and mandatory requirements for cybersecurity on CER-regulated pipelines. “This helps us verify that CER-regulated companies have appropriate proactive measures in place to protect the CER and Canada’s pipeline network from cyber-attacks.”

He said the utility meets multiple industry technology standards and critical infrastructure protection requirements.

 

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