EFFECTS OF CYBERCRIME ON OIL AND GAS INDUSTRY
Mayieka, Jared Maranga
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Cybercrime is among leading causes of loss to numerous offshore oil and gas companies globally. With a yearly loss of millions of monies due to damaged equipment and loss of business, experts claim that cyber-attacks on perilous infrastructure, losses on revenue, environment catastrophic degradation etc. This paper applied exploratory research methodology in reviewing existing literature within this sector with an objective of studying types and forms of cyber-attacks that this industry suffer, the reasons why these attacks are targeted at them and try to suggest ways through which these attacks can be mitigated and/or eliminated. The results of this study show that some of the most common cyber-attacks targeting this sector include Cyber espionage, social engineering, network attacks, phishing, and Brute force attacks. The results can inform cybersecurity specialists and governments in enacting cybercrime frameworks to protect this sector.