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A report by Deloitte L.L.P. found that three out of four oil and gas companies suffered at least one cyber attack in 2016, costing the industry an estimated $15 million on average, Bloomberg reported. Less than half of oil and gas firms use any monitoring tools on their upstream operations networks, the report said. Of those, only 14% have fully operational security monitoring centers, the report added.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms