Energy sector stories

Sophos reports a fourfold rise in median recovery costs for energy and water sectors to USD $3 million in 2024, highlighting critical infrastructure vulnerabilities.

SMA Australia has named John Alexander as Vice President of Large Scale. With 35 years in the energy sector, he aims to enhance market presence through advanced grid-forming inverters.

Energy sector outages are costing over USD $34 million annually, reveals a New Relic report. Enhanced observability and AIOps adoption are key strategies for mitigation.

A SecurityScorecard report reveals 97% of the UK's FTSE 100 firms faced third-party breaches last year, stressing urgent supply chain cybersecurity enhancements.

Nuclear power's promise of 24/7 reliability faces unexpected challenges in Australia’s future grid, clashing with the dominance of rooftop solar.

Princeton Digital Group (PDG) has appointed Niall Hannigan as Group CFO, effective 3rd June 2024, to bolster the company's global growth in the digital economy.

AI could revolutionise KiwiSaver accounts by providing real-time data insights, optimising investments, and driving wealth creation for 3.25+ million investors.

African nations are becoming testing grounds for sophisticated ransomware attacks, becoming primary targets before developed nations, according to cybersecurity firm Performanta.

Aiven commits to sustainable operations in the tech sector, highlighting the urgent need for carbon emissions reduction in light of equivalent pollution levels to the aviation industry.

DTEX Systems' report warns that nation state actors are increasingly exploiting insider threats, escalating their interference and intellectual property theft. The issue necessitates urgent attention for enhancing defensive resilience of entities.

Neat appoints Jason MacBride as their new Regional Director for Australia and New Zealand, placing him at the helm of the company's growth strategy across the Oceania region.

Salient Predictions introduces an upgraded model aimed at transforming risk management in key sectors such as energy, agriculture, and insurance, offering advanced foresight for weather-related disasters.

Camille Drummond, BP's Senior VP of Global Business Services and diversity advocate, has joined BlackLine's board of directors, bringing three decades of energy sector expertise to the leading digital finance transformation firm.

Only 1% of UK wind energy firms protected against rising cyber threats, Cyber Energia's assessment shows amid a steep surge in daily cyber-attacks.

Open standards are pivotal to the transition from fossil-based to renewable energy, ensuring compatibility, averting vendor lock-in, and ensuring flexibility.

New Zealand's sustainable energy solutions advance as Ara Ake and SolarZero successfully pilot a Virtual Power Plant, utilising solar energy from 10,000 homes to manage winter energy demand spikes.

Goldilock, UK-based developer of a NATO-endorsed cyber kill-switch, has revealed a crucial strategy to beef up American security.

Network case anomalies surge 19%, marking a rising and sophisticated threat to operational technology and IoT environments, with manufacturing vulnerabilities rocketing 230%, warns Nozomi Networks Labs.

IBM and NCS partnership to offer quantum-safe, privacy-enhancing services to Singapore's public agencies and enterprises.

AVEVA, a leading industrial software company, launches its first-ever global E3D Design Competition, challenging users to create innovative AI and machine learning solutions to address business challenges.