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MENAFN - Arab News - 23/06/2014
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(MENAFN - Arab News) The global energy sector is one of the top five most at-risk industries for malware cisco has announced in the buildup to gisec 2014.

as the internet of everything connects more people processes data and things to networks the energy oil and gas sector is facing unprecedented benefits in using technology to connect global operations drive efficiency automate dangerous tasks and manage complex supply chains.

but as connectivity increases the energy sector faces a malware encounter rate of more than 400 percent or more than 300 percent higher at risk than the median industry according to the 2014 cisco annual security report. global security threats reached their highest-ever level in 2013.

'the middle east's energy sector is rapidly adopting smart devices and cloud computing to enhance business but this is also creating a larger landscape for cybersecurity threats.

malwar can cripple an energy company's it infrastructure and halt business operations and potentially disrupt the world's energy supplies" said tarig enaya md cisco ksa.

global demand for energy is projected to increase by 41 percent by 2035 according to bp's energy outlook 2035. saudi arabia the uae kuwait and iraq are seeing strong oil demand growth according to opec. the middle east is also set to post strong growth in natural gas production according to the us energy information administration.

at the same time the mea's smart devices will grow from 133 million in 2013 to 598 million in 2018 according to cisco. the region is set to post the world's strongest cloud traffic growth increasing from 16 exabytes in 2012 to 157 exabytes in 2017.

to mitigate growing cybersecurity threats cisco has announced that it is expanding its industry-leading advanced malware protection (amp) and data center solutions.


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