July 2018

Special Focus: Refinery of the future

What are the financial savings from a refinery cybersecurity program?

Recently, the authors developed a first-pass financial estimate of the savings resulting from the implementation of a cybersecurity program for a 100-Mbpd refinery.

Ayral, T., Honeywell Process Solutions; Fligner, M., Liberty International Underwriters

Recently, the authors developed a first-pass financial estimate of the savings resulting from the implementation of a cybersecurity program for a 100-Mbpd refinery. This work attempted to answer two questions: How does this refinery justify its cybersecurity program? If the refinery has already installed parts of a cybersecurity program and has never been attacked, what is the dollar benefit of additional cybersecurity investments? For this typical 100-Mbpd refinery, costs from damages associated with two different types of cyberattacks were estimated. It is important to note that it is difficult to perform this type of analysis, since companies seldom publicize cyberattacks on their facili

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