Law360, New York (July 3, 2014, 10:58 AM EDT) -- The international energy industry faces a significant and growing risk of a catastrophic cyberattack on its infrastructure. Before leaving office last year, Secretary of Defense Leon Panetta warned that a cyberattack "could be as destructive as the terrorist attack on 9/11. ... Imagine the impact an attack like that would have on your company or your business." Global broker Willis Group Holdings PLC recently concluded that "a major energy catastrophe — on the same scale as Piper Alpha, Phillips Pasadena or Deepwater Horizon — could indeed be caused by a cyberattack (whether politically motivated or not), and ... cover for such a loss is generally not currently provided by the energy insurance markets."...
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
