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Oil and gas companies should anticipate a more vigorous enforcement environment during President Biden’s term, with anti-corruption and sanctions enforcement expected among some of the key areas of focus. In addition, companies should expect close scrutiny of the industry’s management of cyber risks, along with increased regulatory and litigation risk.

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Cyberattacks present substantial threats to US critical infrastructure. Recent attacks on water systems and the pipeline shutdown highlight the potentially significant legal, financial and reputational risks for businesses. The legal and policy landscape is also shifting rapidly. Companies operating in critical infrastructure sectors such as energy, chemicals, manufacturing, transportation and financial services consequently will benefit…

In the wake of the May 2021 ransomware attack on a major US oil pipeline, the Department of Homeland Security’s (DHS) Transportation Security Administration (TSA) has released a security directive1 (the “TSA Directive”) to better “identify, protect against, and respond to threats to critical companies in the pipeline sector.” The TSA Directive was released…

Recent events have left no doubt: cyber attacks already present a substantial threat to critical infrastructure and other industrial systems. Companies in the energy, chemicals, transportation, manufacturing, infrastructure or other relevant sectors should understand and be able to respond to these threats. Indeed, numerous reports have described sophisticated nation state actors’ efforts to compromise the…

As new technologies develop, the smart grid and smart devices become increasingly interconnected and exposed to security incidents. The critical nature of energy infrastructure (and the vital nature of energy supply) demands the attention of cybersecurity policies and initiatives. On April 3, 2019, the EU Commission issued its recommendations on cybersecurity in the energy sector—actions…