Increasing connectivity of technology across the mining and metals industry is making it more difficult than ever for companies to keep pace and secure their digital environment, according to a report.
According to EY report, 55 per cent of energy and resources companies have experienced a significant cyber security incident in the last year, yet 48 per cent of respondents believe it is unlikely that they would be able to detect a sophisticated cyber-attack.
As mining and metals companies continue to move into the digital age, cyber security needs to be viewed as a key business priority in order to manage risk, particularly in light of the growing threats that exist in today’s digital landscape,” Burgess Cooper, Partner Cyber Security, EY said.
It is critical for businesses to ensure that the responsibility of limiting the exposure to cyber risks is not one that can be delegated to one or two individuals, Cooper said.
“Cyber security is a shared responsibility therefore, to ensure a robust security framework, organizations need to involve all areas of the business, including media relations, investor and government relations,…
