Keynote – Smart Energy: Combating the Social Engineering Risk
While cyberterror attacks against all corporations are on the rise, there is a consensus among industry experts that energy is a disproportionately large target. The implications of a successful attack are sweeping, ranging in severity from a significant oil supply outage or spill, to a power outage, damage to industrial equipment, or a compromise of personal or company information. As the digital era matures, cybersecurity evolves and software vulnerabilities diminish, people are more exposed today than ever before. One of the most practiced and effective penetration attacks are social rather than technical, so efficient in fact, that these exploits play a crucial role to support the greatest majority of cyber assaults.
Social Engineering is the art of exploiting human flaws to achieve a malicious objective. Social Engineers breach defences to access sensitive data preying particularly upon the human tendency towards trust. Cybercriminals induce their victims to break security protocols leading to targeted attacks. Disastrously, in many cases, targets are manipulated to involuntarily infect and sabotage the system themselves. Security software and phishing tests alone do not assist in fighting the threat from social engineering. It’s time to take the weakest link, our staff, and turn them into cyber avengers.