Advances in big data, mobile computing and the internet of things have created many exciting operations technology (OT) opportunities for miners, EY says in its 2016 Business Risks in Mining and Metals report. But at the same time they have exposed companies of all sizes to increased threats of cybercrime.
This is, of course, not just a mining-sector phenomenon. Rising cybercrime risks accompanying spectacular growth in online activity and information technology use has caused cybersecurity investment to explode.
Some estimates say this spend could top US$100 billion within a few years. "Cyber security has become a business risk, not just an IT risk," says Australian telco leader, Telstra, in its 2016 Cyber Security Report.
According to Mick Roche, head of the Queensland Resources Council: "Cyber security is impacting businesses right now."
As part of its exclusive Future of Mining Leaders Series, Mining Journal is joined by EY and Telstra in examining the rapidly evolving cyber security threat and what can be done to not only meet escalating challenges but also develop an enduring culture of risk mitigation.
Here Mining Journal chief editor Richard Roberts speaks with Telstra global security services director, Neil Campbell, Telstra's global mining industry executive, Alan Hindes, and EY's Asia Pacific lead cyber security partner, Paul O'Rourke.
Presenters
 After nine years with the Australian Federal Police, Neil joined Arthur Andersen's Computer Risk Management practice. He moved across to Dimension Data in 2002, first with national responsibility for their Australian security business, before moving to the UK and running their Western Europe and then global security operations. He came home to Australia in 2010, and in 2012 joined the executive team as Director of Solutions. He recently joined Telstra as director of security. |
 As the global industry executive for mining, oil and gas, Alan Hindes is focused on developing new markets, industry partnerships and joint ventures, as well as opportunities for new solutions and services for the resources sector. His depth of knowledge and rich expertise has been acquired in a career spanning more than 45 years working in the telecommunications and technology sectors, predominantly at Telstra. Hindes holds a Master of Business Administration, Graduate Diploma of Business and a Diploma of Electronic Engineering. |
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