News & Analysis as of

Oil & Gas Cybersecurity

Spilman Thomas & Battle, PLLC

Currents Energy Industry Insights: V 8, Issue 6, June 2024

Conflicting Energy Demands and Policies Create Significant Future Challenges - Two noteworthy articles highlight how conflicting energy requirements are posing significant challenges for regional and national energy...more

Opportune LLP

Supply Chain Optimization and Weather Impacts with Alteryx

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In today's interconnected global economy, supply chain optimization plays a critical role in driving business success. However, unpredictable weather events such as hurricanes, tropical storms, and extreme weather conditions...more

Wiley Rein LLP

Biden Administration Looks at Harmonizing Cyber Regulations Amidst Flurry of New Activity

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Cybersecurity continues to be top of mind for federal and state policymakers. This advisory identifies and analyzes some major recent developments that present opportunities and challenges in the coming months for a broad...more

White & Case LLP

Summary of FERC Meeting Agenda for July 2023

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Below are summaries of the agenda items for the Federal Energy Regulatory Commission's open meeting to be held on July 27, 2023, pursuant to the sunshine notice released on July 20, 2023....more

Vinson & Elkins LLP

The Pipeline to Cyber Resilience: Biden’s Blueprint for Secure Digital Infrastructure

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After a rash of significant cybersecurity breaches and ransomware attacks affecting a wide set of industries, ranging from pipelines to technology companies, the Biden administration released its much-anticipated National...more

Dechert LLP

Dechert Cyber Bits - Issue 26

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Biden Administration to Introduce New National Cyber Strategy for Critical Infrastructure - The Biden administration is reportedly working on a National Cyber Strategy for critical infrastructure that will advocate a more...more

White & Case LLP

Summary of FERC Meeting Agenda for September 2022

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Electric - E-1 – Incentives for Advanced Cybersecurity Investment, Cybersecurity Incentives (Docket No. RM22-19-000 & RM21-3-000). On December 17, 2022, in Docket No. RM21-3-000, the Commission issued a Notice of Proposed...more

Vinson & Elkins LLP

Guidance 3.0: TSA Issues a Third Directive on Pipeline Security

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It has been over a year since the Colonial Pipeline cybersecurity incident, and the Department of Homeland Security’s Transportation Security Administration (“TSA”) continues to issue cybersecurity directives to owners and...more

Wiley Rein LLP

RSA Conference Day 1: The Only Constant is Change

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I am at the RSA Conference 2022 in San Francisco, my first time as a member of the private sector, since retiring from the FBI last year. I attended one of the keynotes on the first day of the conference, in between panels on...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights, Volume 6, Issue 6

Ukraine Demands Germany Cut or Halt Nord Stream 1 Gas Flows - "Ukraine is willing and able to provide an alternate transport route to the pipeline, which runs under the Baltic, he said." Why this is important: The...more

Opportune LLP

Defense In-Depth: Cybersecurity For Energy

Opportune LLP on

Glenn Hartfiel, Principal, and Geoff Yut, Consultant, at Opportune LLP discuss why recent geopolitical events are heightening the need for the implementation of improved cybersecurity measures in the energy industry, why...more

American Conference Institute (ACI)

[Event] 16th Annual Flagship Conference on U.S. Economic Sanctions Enforcement and Compliance - May 5th - 6th, Washington, DC

ACI’s Annual Flagship Conference on Economic Sanctions Enforcement and Compliance is widely regarded as the premier conference designed for those working in global sanctions compliance, internal audits and investigations,...more

Morgan Lewis

Mitigating Energy Sector Risks Through Cyberinsurance

Morgan Lewis on

Energy companies in the power and oil and gas sectors are leading targets of cyberattacks, as threats to critical infrastructure systems continue to rise. A 2021 report by a third-party cyberrisk company found that a quarter...more

Robins Kaplan LLP

Markets Tank & Oil Skyrockets as U.S. Mulls Ending Russian Crude Imports

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A weekend of skyrocketing oil prices prompted by talk of the U.S. cutting off all Russian crude imports pushed markets to their worst performance in over a year to start the week. The Nasdaq is now down more than 20% from its...more

Morgan Lewis

Update: European Union Agrees on Further Sanctions on Russia

Morgan Lewis on

The European Union’s 25 February wave of sanctions build on, and significantly expand, its existing sanctions on Russia, imposing wide-ranging restrictions on the Russian economy—including in respect of Russia’s access to...more

Foley Hoag LLP - Security, Privacy and the...

Cybersecurity 2022 – The Year in Preview: Continued Threats to Nation’s Energy Supply as Regulators Race to Keep Up

Continued Threats of Ransomware Attacks - As we reported in our 2021 Year in Preview series, we began 2021 anticipating that ransomware would be a serious threat to critical energy infrastructure. These concerns were...more

Wiley Rein LLP

2022 Cyber Watch List: A look at 2021 and What’s to Come in the Year Ahead

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Privacy In Focus®- In 2021, cyber gained prominence as a top business risk and national security concern with ransomware attacks wreaking havoc on business operations and critical infrastructure. Companies large and small,...more

Morgan Lewis

Emergency Cybersecurity Regulations in the Pipeline Industry: Unique Challenges and Opportunities Ahead

Morgan Lewis on

Cybersecurity threats to critical infrastructure systems are nothing new. But events over the last few years have been notable due to the seemingly increased frequency of successful attacks and the way those attacks have been...more

Spilman Thomas & Battle, PLLC

Promissory Notes - Banking & Finance Insights, Issue 10

Welcome to our last Promissory Notes issue of 2021. As we all know, 2021 was another interesting year in the banking and finance industry, and we expect 2022 to be much the same. Our goal, as with all of our publications, is...more

Husch Blackwell LLP

Cyber Risk Insurance in the Wake of the Colonial Pipeline Cyberattack

Husch Blackwell LLP on

On May 7, 2021, pipeline operator Colonial Pipeline Company suffered a ransomware cyberattack on its namesake Colonial Pipeline. Hackers attacked computerized management equipment, effectively freezing one of the largest...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights, Volume 5, Issue 28

China Risks Winter Energy Crunch - "China is at risk of the same energy-crunch chaos seen in Europe, with a state-run newspaper warning that coal-fired power plants will struggle to keep the lights on this winter." ...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights, Volume 5, Issue 26

As U.S. Retreats, China Looks to Back Taliban with Afghan Mining Investments - "While the Taliban takes stock of the natural resources and U.S.-funded infrastructure now at their disposal, strategic competitors including...more

Mayer Brown

President Biden Issues National Security Memorandum on Critical Infrastructure Cybersecurity

Mayer Brown on

On July 28, 2021, President Biden signed a national security memorandum that seeks to “significantly improve” the cybersecurity of critical infrastructure systems....more

Hogan Lovells

TSA issues second cybersecurity directive for pipeline companies

Hogan Lovells on

The U.S. Department of Homeland Security (DHS) announced the issuance of a second security directive (Directive) that requires owners and operators of certain critical pipelines carrying hazardous liquids and natural gas to...more

Robinson+Cole Data Privacy + Security Insider

Second Security Directive Issued by TSA to Pipeline Operators

The U.S. Transportation Security Administration (TSA) issued its second Security Directive to the pipeline industry on July 20, 2021, following the Colonial Pipeline cybersecurity incident. ...more

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