Cybersecurity a growing concern for energy industry companies, says report

Cybersecurity now ranks as the fourth-highest concern for energy companies after not being in the top 10 in 2012

Cybersecurity is top of mind for in-house counsel in a number of different industries, ranging from social media to retailers to even states themselves. However, one industry is beginning to look with an even harsher eye towards its current data security laws: the energy industry.

According to a study from consulting, construction and engineering firm Black & Veatch, “2014 Strategic Directions: U.S. Electric Industry,” cybersecurity has become one of energy companies’ top five concerns for the first time. After ranking sixth one year ago and not being in the top 10 in 2012, cybersecurity is now the surveyed companies’ fourth-largest concern, behind reliability, environmental regulation and economic regulation.

Assistant Editor

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Zach Warren

Zach Warren is Assistant Editor of InsideCounsel magazine, where he oversees online content submissions and administers InsideCounsel's enewsletters. Zach specializes in new media and multimedia...

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