Cyber attacks constitute a group-level risk that is managed as part of BP’s standard set of risk management processes.
According to Bob Dudley, group chief executive of BP, it recognises cyber threats as a major risk and the need to have a system to manage that risk and minimise the impact of attacks,” he told the Global Cyber Security Innovation Summit in London. Computer Weekly reported that Dudley said as member of the highly-targeted energy sector, BP has a multitude of risks to manage and is constantly looking to innovations in cyber security to improve its defence capabilities.
“It is important to have a policy that sets out executive accountability and responsibilities of each member of staff, but rules are not effective without real defence capability,” he said.
