Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for IT industry professionals · Wednesday, December 8, 2021 · 557,875,361 Articles · 3+ Million Readers

Sedulous Reports 200% Growth as Energy Companies Invest $120B to Prevent Blackouts from Cyber crimes

Omar Dennis, Lindo Bradley, James Villa

Lindo Bradley of Infinity Support Services, flanked by Omar Dennis (l) and James Villa (r) of Sedulous. (photo by Nancy Kleck)

Cyber attacks on energy companies are a growing threat. With 3,000 U.S. cyber software companies rushing in to help, which "fix" is most effective?

The Colonial Pipeline hack is just the tip of the iceberg, as many such incidents go unreported.”
— Omar Dennis

WASHINGTON, DC, UNITED STATES, October 18, 2021 / -- Cyber attacks on energy companies and electricity systems are a substantial and growing threat, as these cyber crimes have cost publicly-owned utilities millions of dollars in losses and ransoms paid. Last year energy was identified as the number one target for cyber attacks, attracting 16% of all attacks worldwide.

With $120 billion in new investment into infrastructure improvements, grid modernization, and cybersecurity software to prevent such attacks, and more than 3,000 U.S. cyber software companies rushing in to help, which "fix" to the problem of hacking-related blackouts is most effective?

Omar Dennis, the CEO of Sedulous and a longtime provider of cybersecurity solutions to the Department of Defense and other U.S. agencies, argues in Forbes (see article here) that a recent saturation of software solutions are leaving many companies in a bind because they don't know which software solution is best. Recent news about the Colonial Pipeline hack (which paralyzed the movement of fuel through the Southwest U.S.) is just the tip of the iceberg, Dennis argues, as many such incidents go unreported.

Since January, Sedulous has seen 200% growth, tripling its client base in software consulting to meet demand from the U.S. Government and companies eager to prevent an onslaught of cyber attacks, given the increasingly digital power grids of the U.S. and Western Europe. In August, Sedulous acquired Infinity, a large logistics and security company, from founder/CEO Lindo Bradley, to expand its offerings.

Omar, who spent 17 years in the United States Marine Corps primarily working on tech or cyber-related projects, is not convinced the grid or any energy infrastructure is secure. He has a great story to tell, including how grid operators are deploying software to plug holes left by software, to prevent hacking-related blackouts.

Let us know if you're a reporter or writer on deadline with a cybersecurity-related story and would like to schedule an interview.

John Arundel
Perdicus Communications
+1 703-963-4191
email us here

Powered by EIN Presswire

EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release