The Cyber Priority

The Cyber Priority explores the state of cyber security in today’s global energy sector, investigating executives’ understanding of the cyber risks their businesses face and their strategies for managing the evolving threat.

The research draws on a survey of 948 energy professionals and a series of in-depth interviews with industry leaders and security experts. It was developed and created by DNV and Longitude (a Financial Times company).

Fieldwork was conducted between February and March 2022. Respondents were based across Europe, the Americas, the Middle East and Africa, and Asia Pacific. They included publicly listed companies and privately held firms, spanning energy industry services, power transmission and supply, renewables, and oil and gas.

Organizations surveyed vary in size: 34% reported annual revenue of USD 100 million (m) or less during the last fiscal year, while 25% had annual revenue exceeding USD 500m. The survey respondents represent a range of functions within the industry, including those with in-depth knowledge of cyber security along with engineers, managers and C-suite executives.

The Cyber Priority is published by DNV, the world’s leading resource of independent energy experts and technical advisors, and draws on insight from the following individuals:

• Jalal Bouhdada, Founder and Chief Executive Officer, Applied Risk
• Shaun Gregory, Executive Vice President and Chief Technology Officer, Woodside Energy
• Stian Nordby, Operations Manager – Digital Services & Innovation Center, TechnipFMC
• Margrete Raaum, Chief Executive Officer, KraftCERT
• Andre Ristaino, Managing Director of Automation Standards, International Society of Automation
• Leo Simonovich, Vice President and Global Head of Industrial Security and Digital Security, Siemens Energy
• Trond Solberg, Managing Director, Cyber Security, DNV