Emerging Tech Law Series: Cybersecurity Updates and the Energy Industry

On this episode, Babst Calland Attorneys Nicholas Faas, Ember Holmes and Audra Hutter discuss the different kinds of cybersecurity threats facing companies.

All the key topics include:

• Ransomware - a kind of malware that targets sensitive information, encrypts the information so it cannot be accessed, then demands a ransom in exchange for decryption.
• Hacktivism - computer hacking done to further the goals of political or social activism.
• Malware - a malicious software designed to disrupt, damage, or gain unauthorized access to a system by exploiting its vulnerabilities.
• Phishing Scams - malicious emails or website links to infect a system. Phishing emails often appear to come from a legitimate organization or person, and they contain links or attachments that run malicious codes on the system, infecting it with malware.

In particular they look at how cyber threats are impacting the energy industry as detailed Babst's annual Energy Report: https://reports.babstcalland.com/energy2022-2/