PanamaTimes

Friday, Apr 26, 2024

UK cyber security law forcing energy companies to report hacks has led to no reports, despite numerous hacks

UK cyber security law forcing energy companies to report hacks has led to no reports, despite numerous hacks

The threshold to determine whether an incident affecting energy companies is reportable has prevented any reports being made.

A cyber security law introduced three years ago was meant to boost the resilience of the UK's energy sector by obliging gas and electricity firms to report when they were hacked.

But since then not a single report has been made, Sky News can reveal, despite numerous successful hacks of British energy firms attributed to hostile states as well as criminal groups.

Ofgem, the authority that is meant to receive these reports, told Sky News that only one company has ever tried to file a report informing the regulator that it had been hacked, but they were dismissed as the incident did not meet the threshold for being reported.

Ofcom's incident thresholds are based on the impact of an attack on customers


Last year, staff at a little-known company called Elexon - a firm that plays a critical role in balancing and settling payments between power plants and electricity suppliers - was left locked out of its internal systems due to a ransomware attack.

The British government has confirmed that Russian state-sponsored hackers have successfully penetrated the computer networks of the UK's energy grids, without disrupting them.

Former defence secretary Gavin Williamson warned that "thousands and thousands and thousands" of people could be killed if an attempt at disruption was made.

But the high thresholds for companies working across the gas and electricity sectors to report cyber security incidents to Ofgem risks leaving the regulator blind to how the sector is actually coping in the face of these threats.

These thresholds are based on the impact of hacks to the continuity of the companies' services, a metric that does not record the sector's security capabilities, just the intentions of the attackers.

Dr Jamie Collier, a threat intelligence consultant at FireEye, told Sky News that the thresholds could be useful considering the varying levels of sophistication across attacks on critical infrastructure organisations, allowing defenders to "focus on what really matters".

But the cyber security expert added: "Despite this, essential service providers and regulators should be careful not to neglect the threat posed from less sophisticated attacks."

FireEye has detected an increase in critical infrastructure incidents caused by novice hackers due to the growing availability of tools enabling these hackers to interact with industrial control systems.

The company also warns that multiple, highly-prolific criminal organisations with a financial motivation are currently "active inside essential service provider networks with the intent of profiting from a ransom of stolen information and disrupted services".

FireEye warns that novice hackers are now targeting industrial control systems.


"Most of the concern around cyber security has been focused on operational technology (OT) networks that interact with physical processes and machinery, such as power plant equipment or water treatment facilities," Dr Collier explained.

"Yet the traditional information technology (IT) networks that involve the flow of data - such as file storage or email - should not be neglected. This is because whilst the impact of malicious activity can be far more severe against OT systems, these attacks typically start out on IT networks. It is therefore vital to consider security across an entire service provider's infrastructure."

Dr Collier stressed that critical infrastructure providers "deserve credit for their use of fail-safe mechanisms that can mitigate the destructive impacts of many attacks".

Responding to Sky News, a government spokesperson said: "The UK's critical infrastructure is extremely well protected and over the past five years we have invested £1.9bn in the National Cyber Security Strategy to ensure our systems remain secure and reliable."

They added that a formal review of the impact of the cyber security law, the Network & Information Systems Regulations, will take place within the next 12 months.

Newsletter

Related Articles

PanamaTimes
0:00
0:00
Close
Apple warns against drying iPhones with rice
In a recent High Court hearing, the U.S. argued that Julian Assange endangered lives by releasing classified information.
Global Law Enforcement Dismantles Lockbit Ransomware Operation
Russian opposition leader Alexey Navalny has died at the Arctic prison colony
The President of Argentina Javier Mile does not fly private, he flies commercial, with the citizens he represents. And they LOVE him for it.
Bitcoin Reaches $50,000 for First Time in Over Two Years
Belo Horizonte: Brazil's Rising Carnival Hotspot for 2024
In El Salvador, the 'Trump of Latin America' stuns the world with a speech slamming woke policing after winning a landslide election
Tucker’s interview with Putin is over 50M views on X within the first 5 hours.
Finnish Airline, Finnair, is voluntarily weighing passengers to better estimate flight cargo weight
President Nayib Bukele has proudly announced El Salvador's remarkable achievement of becoming the safest nation in the Western Hemisphere.
Former Chilean President Sebastian Piñera Dies in Helicopter Crash
This farmer seems to understand science a bit more than the event organizer, Klaus Schwab.
Facebook turns 20: From Mark Zuckerberg's dormitory to a $1trn company
The Coolest Dictator in the World" on the Path to Victory in El Salvador
Macron, France and fake news
Indian-Origin Man 'King' Arrested For Smuggling $16 Million Drugs Into US
Can someone teach Americans that not every person with slanted eyes is Chinese?
Europe's Farmers Feeding the People, Protesting Against Politicians Who Do Nothing for Their Country and Serve Only Themselves at Taxpayers' Expense
Paris Restaurant That Inspired 'Ratatouille' Loses $1.6 Million Worth Of Wine
Brazilian Police Investigate Bolsonaro's Son for Alleged Illegal Spying
Police in Brazil Raid Residence of Bolsonaro Associate Over Allegations of Illegal Spying
Border Dispute Escalates as Texas Governor Vows Increased Razor Wire
OpenAI Enhances ChatGPT-4 Model, Potentially Addressing AI "Laziness" Issue
The NSA finally acknowledges spying on Americans by acquiring sensitive data
Report Reveals Toxic Telegram Group Generating X-Rated AI-Generated Fake Images of Taylor Swift
US Border Patrol States 'No Plans' to Remove Razor Wire Installed in Texas
Bitcoin Experiences Approximately 20% Decline in Value
Klaus Schwab recently appointed himself as the Earth's "trustee of the future."
DeSantis Drops Out, Endorses Trump.
Nikki Haley said former President Trump is "just not at the same level" of mental fitness as he was while president in 2016.
Residents of a southern Mexican town set the government palace on fire in response to the police killing of a young man
Samsung Launches AI-Driven Galaxy S24, Ushering in New Smartphone Era
Judge Questions SEC's Regulatory Overreach in Coinbase Lawsuit
The Ecuador prosecutor who was investigating the television studio attack, has been assassinated.
Is artificial intelligence the solution to cyber security threats?
Vivek Ramaswamy suspends his US election campaign and endorses Trump.
Viral Satire: A Staged Satirical Clip Mistaken as Real Footage from the 2024 World Economic Forum in Davos
The AI Revolution in the Workforce: CEOs at Davos Predict Major Job Cuts in 2024
Ecuador Reports 178 Hostages in Prison Gang Standoff
The Startling Cuban Espionage Case That Has Rattled the US Government
Two Armed Men in Ecuador, Dressed as Batman and The Joker Storm the Streets.
Armed Gang Raids Ecuadorian TV Station Following State of Emergency Declaration
Anti-Democratic Canada: Journalist Arrested for Questioning Canadian Finance Minister on Support of Terrorist Group
Ecuador's 'Most-Wanted' Criminal Vanishes from Prison
Mexican Cartel Supplied Wi-Fi to Locals Under Threat of Fatal Consequences for Non-Compliance
Border Surge Leads to Over 11,000 Migrants Waiting in Northern Mexico
Outsider Candidates Triumph in Latin American Elections
As Argentina Goes to the Polls, Will the Proposal to Replace the Peso with the Dollar Secure Votes?
Fatal Shark Attack Claims Life of Boston Woman Paddleboarding Near Bahamas Resort, According to Police
×