Security News > 2020 > February > Focus on cyber resilience increasing sharply as oil companies seek to protect their assets

Cybersecurity has emerged as the top focus of upstream oil and gas companies' digital investments, according to a report from Accenture.

The report suggests that the focus on cyber resilience is increasing sharply as oil companies seek to protect their assets and reputations.

"As oil companies' operations come under increasing threat, cyber resilience becomes more important to stakeholders, consumers and government," said Rich Holsman, a managing director at Accenture who leads the digital practice in the company's Resources operating group.

The survey identified cloud technologies as the second-biggest focus for digital investment, cited by 53% of companies.

"Realigning digital investments and building the right operating model and digital capabilities is needed for oil companies to become agile and able to scale to value. This will require not only more support from leadership, but also a much broader ecosystem of partnerships as well."

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