News | June 30, 2014

Oil And Natural Gas Industry Forms Organization To Strengthen Cybersecurity

Washington — The American Petroleum Institute (API) expressed its support for the new Oil and Natural Gas Information Sharing and Analysis Center (ONG-ISAC), which will help protect infrastructure from cyber-attacks. While API helped form the center, it will exist as an independent organization to facilitate the exchange of information, help evaluate risks, and provide up-to-date security guidance to U.S. companies.

“Computer-based attacks are one of the fastest-growing threats to American businesses and infrastructure,” said API Vice President Kyle Isakower. “The center builds on existing programs to help companies quickly identify and respond to threats against energy production and distribution systems such as refineries and pipelines and stay connected with law enforcement agencies.”

An industry-owned and operated organization, the ONG-ISAC will be structured similar to other industry ISACs in order to:

- Allow participants to submit incidents either anonymously or with attribution via a secure web portal;
- Circulate information on threats and vulnerabilities among ONG-ISAC members, other ISACs, vendors, and the U.S. government;
- Provide industry participants with access to cybersecurity experts;
- Alert participants of cyber threats deemed ‘Urgent’ or ‘Elevated’ in near real-time; and,
- Coordinate industry-wide responses to computer-based attacks.

Headquartered in Washington, D.C., the ONG-ISAC will serve as a central hub for the rapid collection and distribution of intelligence on cyber threats against U.S. energy networks.

API is the only national trade association representing all facets of the oil and natural gas industry, which supports 9.8 million U.S. jobs and 8 percent of the U.S. economy. API’s more than 600 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation’s energy and are backed by a growing grassroots movement of more than 20 million Americans.

SOURCE: American Petroleum Institute

Newsletter Signup
Newsletter Signup
Get the latest industry news, insights, and analysis delivered to your inbox.
Join your peers