Welfare

Industry Briefs

Nuclear and cyber attacks have the potential for the “greatest impact” on an energy firms’ operations and the general welfare of the public, according to a new Utilis Energy report. The Energy Infrastructure Security 2003 report is designed to point out vulnerabilities and offer recommendations on how to protect employees, assets, operations and the public. The report includes the following: information on security in the oil, gas and power sectors and methods to quantify risks; potential threats such as vulnerabilities from explosives and sabotage; the consideration of new, high-tech cyber threats and their potential to seriously harm a firm’s operations, including vulnerabilities and suggested fixes; the exploration of legal issues and constraints to energy infrastructure and security issues; and the nuclear energy sector due to the potentially catastrophic effects of an attack on atomic facilities. The report also provides human resource issues for creating and implementing policies relating to sabotage and bomb threats. It includes several case studies that address the costs and potential impacts of terrorist attacks, their possible effects on energy markets, staff and civilians. To obtain a copy of the report, visit www.utilisenergy.com.

June 18, 2003