METS

Cyber security in mining: not an underground risk

Mining companies are no strangers to navigating a varied risk landscape. Historically the sector has grappled with health and safety, operating in hostile and remote environments, volatile commodity markets, and resource nationalism. While these risks remain top priorities, cyber security is featuring ever more prominently on companies’ corporate risk registers. A recent survey has identified cyber security as a top-10 strategic risk to the sector as a whole, above (for example) fraud and corruption risk; cyber also cuts across many of the other thematic risks identified in the report.

Cyber security in mining: not an underground risk

Cyber-attacks are not just an IT problem, but can have significant business impact. Types of impact include operational damage, direct financial loss, loss of a deal, reputational harm and the erosion...

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