The first thing you need to know about data breaches is that it's not a matter of if, but when. The complex, digital, and interconnected nature of energy operations means that some level of incident is inevitable. But that doesn't mean things are out of your hands.

To the contrary, there's a lot of room to improve. According to IBM, it took a shocking average of 287 days to identify and close a data breach in 2021. And in the energy sector, the average cost of those breaches was $4.24M. Financially and reputationally, they represent a serious and growing threat.

Considering the potential loss of person hours and intellectual property, as well as compliance implications, the value of getting it right can't be overstated. Fortunately, the quantity, severity, and speed of discovery of data breaches are all variables that are possible to control with well-implemented data protection solutions.

According to a 2021 PwC report, "Cloud security, data trust, access management, operational technology, and advanced security monitoring are the top five security priorities for energy sector."

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NetApp Inc. published this content on 15 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 April 2022 09:43:01 UTC.