Cybersecurity & The Energy Industry: Understanding the Evolving Landscape and Managing the Risks

In the past few years we’ve seen an alarming increase in the volume and frequency of cyberattacks targeting energy industry infrastructure, computer systems, and intellectual property. What once were abstract and futuristic-seeming threats have become reality, with potentially terrifying consequences. As energy companies grapple with how to protect themselves against sophisticated cyberattacks, what do they need to know about their legal obligations and liability exposure? What are organizations in this sector expected to do when confronted by attackers that include hostile foreign governments and multinational cybercrime syndicates? In this presentation, BakerHostetler Counsel Melinda McLellan (New York) and Associate Emily Fedeles (New York) provide information, analysis, and insights to help oil, gas, and other energy sector entities understand and navigate the risks and legal responsibilities associated with identifying and protecting against cyber threats.  

Learning Objectives:

I.     Get informed about the evolving cybersecurity threats to companies in the energy sector, including increasingly sophisticated attacks targeting both information systems and physical infrastructure

II.     Learn about the complex web of data protection laws and regulations that may impose obligations on energy companies to defend against cyber risks and related hazards

III.    Gain awareness regarding the myriad costs of cyberattack fallout, from physical damage to assets and intellectual property losses to legal fees and remediation expenses

IV.     Learn what steps organizations in the energy industry can take to better manage these cybersecurity risks and mitigate the impact of a cyberattack