Tyler P. Chase

Mar 25, 2024 | blog.protiviti.com | Tyler P. Chase

New environment: Cybersecurity and heightened regulatory scrutiny became two of the major concerns for energy and utilities companies in 2024, as noted in our Executive Perspectives on Top Risks Survey. This is a significant change in perspective from 2023. Why it matters: Energy and utilities organizations have begun to accept broader changes happening in their industry — most notably, the shift to renewables — and are prioritizing more immediate threats.

Jan 22, 2024 | blog.protiviti.com | Tyler P. Chase |Luis Castillo

The challenge: Companies in the energy and utilities (E&U) industry are moving fast to adopt artificial intelligence (AI), including generative AI, to increase their competitive edge. But while AI can help these firms to drive innovation, boost profitability and reduce certain risks, it also increases their exposure to cyber threats. Why it matters: Cybersecurity risk has become only more heightened in the E&U industry in recent years.