Energy companies invest too little in cybersecurity

Amid rising threats, including a recent attack on several U.S. power and natural gas suppliers, energy companies are now spending less than 0.2 percent of their revenue on cybersecurity, at least a third less than financial institutions, according to Precision Analytics LLC and The CAP Group LLC, security consultants that work within the industry quoted by energynomics.ro. Meanwhile, Symantec Corp. says it’s tracking at least 140 groups of hackers actively targeting the energy ...

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