Gas and oil Industry Forms Information Discussing Group to Combat Cyber Risks

As a result of the growing threat from cyber-attacks, the gas and oil industry has introduced the development of the information discussing resource. The brand new group, referred to as Oil and Gas Information Discussing and Analysis Center (ONG-ISAC), looks to facilitate the discussing of information among peers and competitors and also to coordinate industry-wide reactions to attacks. ONG-ISAC Chairman David Frazier describes that member companies take advantage of learning a few of the “raw indicators” of adware and spyware and cybercrime activity as stated by other member companies, even while specific particulars in regards to a breach are overlooked for confidentiality reasons. Based on the new group’s website, over fifty percent from the cyber occurrences reported across all critical infrastructure industries within the first 1 / 2 of fiscal year 2013 involved attacks around the energy sector.

A vital part of the new program would be the ability of member companies to submit and receive information anonymously. Because of the sensitive nature of the information, a lot of companies, such as the gas and oil industry, typically happen to be unwilling to share details about cyber-attacks. This lack of knowledge discussing has led to inefficiencies as companies individually discover the same training over and over and neglect to anticipate risks. Information-discussing hubs already appear in other industries, such as the financial services industry and also the electricity and water industries.

All oil and gas industry companies and recognized trade associations in North America1 are qualified to participate the audience.

1 Trade association membership is subject to restrictions.  See Oil and Natural Gas Information Sharing and Analysis Center, (last visited July 7, 2014).