Blockchain quickly becoming oilfield cybersecurity standard

Blockchain quickly becoming oilfield cybersecurity standard

PALO ALTO — As cybersecurity threats to the oil and gas industry have grown exponentially, various strategies have been deployed to safeguard companies’ computer and control systems. One new technology in particular, blockchain, has emerged as a highly innovative and effective solution. Let’s look at how blockchain is redefining oilfield cybersecurity.

Rise of risk consciousness

The ever-increasing onslaught of security threats has driven a major shift in executive thinking, with cybersecurity risk now recognized as a real and significant issue, not merely a periodic inconvenience. Awareness of cyber risk has grown across a wide spectrum of companies globally.

By Duncan Greatwood

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