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