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Can physical damage be caused by a cyber-attack?

27 February 2023

Online
Can physical damage be caused by a cyber-attack?

CPD Certified

1 hour's CPD can be claimed for this event if relevant to your learning and development needs.

In this IIL property webinar, Tiago Dias talks about the expanding and evolving threat of cyber-attack and how this evolving threat is causing risk losses within industrial settings.

Description

Can a cyber-attack cause physical damage? How the threat looks like for FM Global:

Cyber threats in the headlines:

  • Polish teen remotely derails trains
  • Ukrainian power grid sabotage
  • German steel plant meltdown
  • Oil pipeline leak detection systems compromised
  • Cyber-attack on a steel maker in Iran spewing molten steel and fire (Jun 2022)

Identifying vulnerabilities in systems used to design materials and buildings:

  • HVAC
  • Energy consumption
  • Security cameras/motion detectors
  • Revoked privileges for the building
  • Fire-monitoring and suppression systems
  • Lift access controls (suppression/overridden)
  • Manufacturing environments

Evolving Risk:

  • Physical inherent risks due to technology
  • Physical damage at a premium
  • Risks, losses, and aggregation
  • Kinetic Cyber and Killware

Learning objectives

  • Large scale cyber-attacks that have caused physical damage
  • Identifying vulnerabilities in systems used to design materials and buildings
  • Evolving risks

Speakers

  • Tiago Dias, Senior Cyber Security Consultant, FM Global
  • Chair: Thomas Dean, Group Manager Account Engineering, FM Global

Details

Date:
February 27, 2023
Time:
1:00pm - 2:00pm GMT
Category:
, ,

Venue

This is an online event

Organiser

The Insurance Institute of London (IIL)
Phone:
+44 20 7600 1343
Email:
Iil.london@cii.co.uk
Website:
https://www.iilondon.co.uk/home/

Other

CPD text
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.