77% of U.S. energy companies vulnerable to ransomware attacks via password leaks, report finds
More than three-quarters of the nation’s largest energy companies have at least one leaked password online, leaving pipelines and power grids vulnerable to cyberattacks, according to a new report released on Tuesday.
Black Kite, a Boston-based cybersecurity company, looked at 150 of the largest oil, gas, and power companies by market value, and found that a quarter of the nation’s largest energy companies are “very susceptible” to an attack. ransomware. Oil and gas operations, in particular, are most at risk of a ransomware attack, according to the company. During this form of cyber attack, hackers gain access to corporate data and digital operations and hold them hostage until a ransom is paid.