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Oil & Gas Cybersecurity Market Predicted to Reach US$44.2 Billion by 2030

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The global oil & gas cybersecurity market is on a trajectory of significant growth, poised to witness a Compound Annual Growth Rate (CAGR) of 5.8% during the period of 2023 to 2030. As the oil and gas industry continues to embrace digitalization and faces evolving threats, the demand for robust cybersecurity solutions is expected to soar, reaching an estimated market size of US$44.2 billion by 2030.

Leaders in Cybersecurity Adoption

Oil and gas giants OMV, ExxonMobil, and Equinor have emerged as leaders in adopting cybersecurity measures within the industry. These companies recognize the critical need to safeguard their operations and sensitive data against escalating cyber threats.

Prominent Cybersecurity Vendors

Leading cybersecurity vendors serving the oil & gas industry include Siemens Energy, RigNet, Fortinet, Forescout, Mission Secure, Sectrio, Kognitiv Spark, XONA, Darktrace, and EY. These firms offer a wide range of cybersecurity solutions tailored to meet the unique challenges faced by the sector.

Key Growth Drivers

The oil & gas industrys escalating demand for cybersecurity solutions is driven by several factors:

  1. Critical Data Protection and Privacy: With the global energy industry expanding and the continuous import and export of oil and gas resources, protecting sensitive data from cyberattacks has become imperative. Cyber threats pose risks to confidential information, production sharing contracts, and operational data.
  2. Increased Digitalization: The industrys digital transformation, including the adoption of IoT devices, remote monitoring, automation, and data analytics, has expanded the attack surface for cyber threats. Robust cybersecurity solutions are essential to mitigate these risks.
  3. Rising Cyber Threats: The oil and gas sector, being critical infrastructure, is increasingly vulnerable to cyber threats. The frequency and sophistication of cyberattacks, including ransomware and supply chain attacks, have surged, necessitating advanced threat detection and response solutions.
  4. Evolving Attack Vectors: The convergence of information technology (IT) and operational technology (OT) networks introduces new security challenges. Artificial intelligence (AI) and machine learning (ML) are leveraged to enhance security measures and identify emerging threats.

Key Growth Barriers

Challenges faced by the industry include:

  1. Legacy Systems: Many companies in the oil and gas sector rely on legacy infrastructure not designed with cybersecurity in mind. Modernizing these systems while minimizing operational disruptions is a significant challenge.
  2. Resource Constraints: Budget limitations and a shortage of qualified cybersecurity professionals can hinder efforts to invest in and maintain robust cybersecurity measures.

Regulatory Landscape

The oil and gas sector operates in a highly regulated environment, with governments and industry bodies introducing stringent cybersecurity regulations and standards. Compliance with frameworks like NERC CIP and GDPR is not only a legal requirement but also a competitive advantage, driving investment in cybersecurity measures.

Key Trends and Opportunities

Key trends and opportunities in the oil & gas cybersecurity market include the convergence of IT and OT security, advanced threat detection and response, supply chain security, cloud security for remote operations, threat intelligence sharing, workforce training and awareness, compliance-as-a-service, and threat-hunting services.

Upstream Sector Dominates

The upstream sector accounted for more than 50% of the global oil & gas cybersecurity market in 2022, highlighting the critical need for cybersecurity in processes such as drilling and maintaining exploratory wells.

Services Segment Leading

The services segment dominated the market in 2022, constituting 39.3% by value. It offers tailored cybersecurity solutions for upstream, midstream, and downstream sectors.

Cloud Security in High Demand

Cloud security led the market in 2022, with over 50% market share, offering oil and gas companies advantages such as minimal investment and clear monthly operating expenses.

Regional Frontiers

North America and Europe collectively hold more than 70% of the global oil & gas cybersecurity market share. Asia Pacific is witnessing strong growth, driven by the need to protect critical assets and bolster safe practices.

Industry Expert Insights

The energy sector remains a prime target for cyberattacks due to its critical infrastructure. The industrys increasing reliance on IT/OT convergence, supply chain security, and innovative technologies requires a proactive approach to cybersecurity. Compliance with regulations and investments in employee training are critical to building a resilient defense against evolving cyber threats.

Competitive Landscape

The oil & gas cybersecurity market is dynamic, with constant technological advancements and evolving threats. Key players in the industry include CISCO, Symantec Corporation, Honeywell Corporation, Intel Corporation, GE, Microsoft Corporation, Siemens AG, Parson Corporation, Rapid7, ABB, Schneider, and others.

In conclusion, the oil & gas cybersecurity market is set for substantial growth, driven by the industrys digitalization and the increasing sophistication of cyber threats. Companies are investing in cybersecurity solutions to protect their critical operations and data, ensuring a secure and dependable energy supply for consumers.

Global Oil and Gas Cybersecurity Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 (By Type Coverage, By Sector Coverage, By Component Coverage, By Geographic Coverage and Leading Companies)

https://www.fairfieldmarketresearch.com/report/oil-and-gas-cybersecurity-market

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About Us

Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.

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Shweta Mehta completed ad shoot with BookYourCV.com as Brand Ambassador

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Mumbai, India — BookYourCV.com, a leading name in professional resume writing services, is thrilled to announce the onboarding of renowned Bollywood TV actress and MTV Roadies 2017 winner, Shweta Mehta, as their new brand ambassador.

Shweta Mehta, a celebrated personality in the entertainment industry, recently completed an ad shoot for BookYourCV.com. The shoot, supervised personally by the company’s CEO, Mr. Rajeev Kashyap, marks a significant milestone for the brand in enhancing its outreach and connecting with a broader audience.

Expressing her enthusiasm about the collaboration, Shweta Mehta stated, “I am genuinely excited about partnering with BookYourCV.com. The company’s dedication to helping individuals craft impeccable resumes and their commitment to customer satisfaction is truly impressive. Working with Rajeev Kashyap has been a delightful experience, and I am inspired by his vision and leadership.”

Mr. Rajeev Kashyap, CEO of BookYourCV.com, commented, “We are honored to have Shweta Mehta as the face of our brand. Her charisma, professional journey, and connection with the audience align perfectly with our brand’s ethos. We believe her association will significantly boost our brand’s recognition and trust.”

For over a decade, BookYourCV.com has been providing top-notch resume writing services, helping clients across various industries to create compelling and professional resumes. The company prides itself on having a team of highly experienced resume writers and offers two years of free support to their clients, ensuring continuous assistance and updates.

Shweta Mehta’s endorsement of BookYourCV.com is expected to further strengthen the company’s reputation as a trusted and reliable resume writing service provider.

For more information about BookYourCV.com new video check this.

Please visit https://youtu.be/Ibzr0gumMdQ

Media Contact: Rajeev Kashyap
CEO, BookYourCV.com
Email: [email protected]

About BookYourCV.com: BookYourCV.com is a professional resume writing company with over 10 years of experience in the industry. They offer expert resume writing services with a commitment to quality and customer satisfaction, providing two years of free support to ensure their clients’ resumes remain up-to-date and effective.

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Bei La: A Shanghai Skylark Sings the Song of Walden.

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05a8389dc2503775a3110079eebd0fdCanadian Author Bei La

Canadian writer Bei La, born in Shanghai, recently completed a non-fiction work titled The Tears of the Skylark. This is her first work since she left Shanghai and returned to Canada two years ago. Through a skylark, a farewell song was sung about the prosperity and loneliness, brightness and darkness, disaster and redemption of Shanghai over the past hundred years.

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Mike Medavoy and Bei La

This work was completed during her travels, including the Lake Mochizuki in Hokkaido, Beverly Hills, Concord in Massachusetts, Vancouver Harbour, Niagara Town, and an isolated island on Lake Ontario. This is hertribute paid as the meditation on Henry David Thoreau’s Walden.

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The Cursed Piano

The book records the thrilling journey of her maternal grandfather as a survivor of the shocking Jiangyashipwreck in December 1948, which had a death toll even far exceeding that of the Titanic. She describes her father, who was a military doctor, taking the risk of hiding more than ten ancestral gold bars and jewelry in the soil of his own iron tree during the Cultural Revolution, avoiding the fate of being confiscated but enduring the hardships brought by wealth. She also depicts the extraordinary significance of the Christian faith of her parents’ family to their lives. And she looksback at the distorted era when she was criticized for peeking at world classics in her youth. She witnesses the human nature revealed by the COVID-19 epidemic around the world……

What made Bei La decide to give up her luxurious life in Shanghai was not her experiences during the quarantine hotel and lockdown period, but rather, as a human being, everything she experienced during those special times has passed away with the wind. She left because she was called and pulled by a free soul. When a writer sees desolation amidst the hustle and bustle, yearning for tranquility amidst the clamor, and seeking her own “Walden”in the endless wilderness, she is awakened by literature.

“The farther away from one’s hometown in terms of geographical location, the closer the hometown in literature,” said Bei La.

She wrote in this book: Humans are immersed in a large sphere, gradually shrouded in anxiety, fear, absurdity, nothingness, and despair. In the ever-changing world, the unpredictability of fate has become a human destiny. This is an era that has become indifferent to tragedy. Any pain is futile. When a person is far away from the hustle and bustle, you will hear your own voice, and your soul will return to the wilderness of freedom.

The girl doesn’t speak

But it tells of sadness;

The silence of the river

Only records the years;

Time daydreaming

But it answered everything

This is the skylark singing: “Please give me the freedom to fall deeply in love with someone, give me the courage to embrace you tightly. Please give me a path to explore truth, and give me the power to find light in darkness,even if it requires sacrificing my life.”

“No matter what she has experienced or is currently experiencing,Bei La can always extract beneficial nutrients from hardships and transform them into valuable literary wealth. The light of brightness and hope has not disappeared in her eyes for a second. She stands at the spiritual pole and her thoughts far exceed those of contemporary writers. This is the best annotation that Shanghai Bei La can become the world’s Bei La,” said her literary agent An Boshun.

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French Opera:The Lover of Shanghai

The French opera Shanghai Lovers adapted from Bei La’ novel was accomplished on May 24th at the Fontainebleau Theater. This opera has 13 scenes and is expected to be performed in 2 hours and 10 minutes. The lineup is very strong, reproducing the bustling modernity and true love of Shanghai a century ago. The rivers of this Far Eastern city are full of her spirit of embracing all rivers.

This French opera that reproduces Bei La’s hometown will premiere in Paris and tour the world.

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Bei La

Bei La is a Canadian citizen born in Shanghai. As a contemporary writer of romanticism and humanitarianism, she also serves as a Visiting Researcher for the Institute of Arts and Humanities in Shanghaijiao Tong University. She has published over a dozen novels, including “The Cursed Piano”, “Song of Survivors”, “Sentimental Casablanca”, etc. Over the years, Bei La has focused her literary creation and researches on “Jews in Shanghai”. During the past two decades, she has visited Jews across the world who lived or were born in Shanghai, gathering a large number of first-hand historical materials. The “Jews in Shanghai” series is designed to include ten books. Howard Goldblatt, a renowned Jewish American sinologist, is the English translator of her works. “The Cursed Piano”, the last work of British playwright Ronald Harwood who is the Oscar Winner of Best Screenplay for “The Pianist”, is based on Bei La’s novel of the same name, also known as the companion piece of “The Pianist”. Bei La’s work “Song of the Survivors” is regarded as the Shanghai version of “Gone with the Wind”. “Song of Survivors” is based on the experience of Mike Medavoy’s parents in Shanghai during World War II. Mike grew up and became a top Hollywood producer who is an eight-time Oscar Winner of Best Picture with films such as “One Flew over the Cuckoo’s Nest”. With love and faith as the main thread, Bei La’s works portray the humanitarian spirit of her hometown Shanghai by demonstrating the shared emotions and destiny of human beings, and fleshing out the wisdom and humor of the Jews, who showed tremendous optimism and resilience in the face of misery and uprooted existence. With an eye for love and beauty, Bei La tells the stories of Jews related to Shanghai, spreading the seed of love and faith to the world. In addition to her literary creation, as a music and art lover, Bei La also performed the piano solo “Butterfly lovers“ in a concert of the Israeli pianist Yaron Kolberg, and she once gave a concert at the Shanghai Concert Hall as well.

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Revolutionising Insect Repellents: BiteRepel’s Commitment to Safety, Efficacy and Sustainability

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California, USA – In a world where the threat of mosquito-borne viruses is ever-present, the need for effective protection is paramount. Enter BiteRepel, a game-changing product in the crowded market of insect repellents, known for its unparalleled commitment to safety, efficacy and environmental consciousness. BiteRepel’s unique formula targets mosquitoes’ specific genetic makeup, ensuring that even the newest variants are kept at bay.

Unmatched Safety and Environmental Consciousness

BiteRepel is the first of its kind, meticulously formulated to be both pet-safe and reef-friendly. The unique formula effectively reduces the risk of contracting mosquito-borne viruses while ensuring a healthier ecosystem for all. With the rise of new variants of mosquitoes since mid-2022, traditional repellents like DEET and Citronella have shown limited effectiveness. This is where BiteRepel steps in as your ultimate solution.

“BiteRepel stands out because it addresses the evolving nature of mosquito threats with a focus on both human and environmental health,” says Serene Johnson, Sales and Service Lead at BiteRepel. “Our products are not only effective but also align with the values of eco-conscious consumers.”

Natural and Organic Ingredients

Free from harmful chemicals, BiteRepel is completely natural and organic. The brand offers peace of mind to families and eco-conscious consumers alike. By choosing BiteRepel, you not only protect yourself from mosquito-borne viruses but also safeguard the well-being of your furry companions and the environment. BiteRepel is dedicated to combining safety, effectiveness, and sustainability without compromise.

Rigorous Testing and Proven Effectiveness

BiteRepel’s range of insect sprays and recommended insect repellents are formulated to provide unparalleled protection against relentless pests. Their products have undergone rigorous testing to ensure their effectiveness against the latest mosquito strains, giving you peace of mind in any situation.

“Our commitment to quality is reflected in the thorough testing each product undergoes,” states Drew Carlyle, Quality Assurance Manager at BiteRepel. “We ensure that our repellents are effective against all types of mosquitoes, including genetically modified strains.”

Sustainability Commitment

BiteRepel is dedicated to environmental sustainability. The formula’s eco-friendly and biodegradable nature ensures it leaves no harmful residue, making it a sustainable choice for the environmentally conscious. BiteRepel’s non-toxic, natural, vegan, and 100% organic composition is crafted without harmful chemicals like Picaridin, DEET, IR3535, and Citronella, as well as parabens and gluten. This dedication to purity ensures the product is safe for users and the planet alike.

Innovative Origins

The journey of BiteRepel began with a mission to transform outdoor enjoyment by providing effective protection against biting insects. Driven by a clear objective to create a reliable solution, BiteRepel underwent extensive research and numerous trials. This process led to the development of a groundbreaking formula that sets a new standard in insect repellents. BiteRepel not only repels all mosquito types, including genetically modified strains, but also deters a wide range of other insects and pests. The brand’s focus on innovation, natural ingredients, and user well-being has resulted in a product that ensures a comfortable and safe outdoor experience.

We believe in responsible innovation, which is why our product is not only highly effective but also ethical and safe for the environment, pets, and marine life,” says Jesse Neimus, Assistant Manager at BiteRepel. “It’s a game-changer in the fight against mosquito-borne diseases and a testament to what can be achieved when science and nature work in harmony.”

The Conscientious Choice

BiteRepel is the conscientious choice for modern, eco-conscious consumers who value both personal and environmental health. It’s not just about keeping bugs at bay; it’s about fostering a safer, harmonious and healthier world for all. With BiteRepel, you can finally reclaim your outdoor spaces and enjoy peace of mind knowing that you’re protected against mosquitoes and the diseases they spread.

Perfect for All Outdoor Activities

BiteRepel is the perfect solution for outdoor enthusiasts. Whether you’re hunting, fishing, golfing, camping, off-roading, swimming, backpacking, walking, running, jogging, hiking or participating in other sporting activities, BiteRepel has you covered. It’s also ideal for outdoor events like parties, BBQs, and gardening. Their products work great on flying and crawling insects, including fleas, ticks, gnats, flies, spiders, ants, and other bugs.

A Message from Our Founder

“Our journey started with a personal need and evolved into a mission to protect people and the environment,” says the founder of BiteRepel. “We’re proud to offer a product that not only protects against mosquito bites but does so in a way that’s safe for our families, pets and the planet.”

Join the BiteRepel Movement

Join BiteRepel in embracing the great outdoors with confidence and comfort. Say goodbye to ineffective repellents and hello to BiteRepel – your ultimate defence against mosquito-borne viruses. Don’t wait until it’s too late; make BiteRepel a staple in your home and outdoor adventures. BiteRepel offers affordable, accessible protection that everyone can benefit from. Don’t let mosquitoes dictate your life – take control with BiteRepel and enjoy the outdoors without worry.

Connect with Us

For more information, visit BiteRepel. Follow us on Twitter, Facebook, and Instagram.

About BiteRepel

At BiteRepel, the mission is to revolutionize outdoor protection with effective, easy-to-use insect repellents. Harnessing the power of science and nature, innovative formulas are developed that set a new standard for safety and efficacy. With a relentless commitment to quality, BiteRepel delivers unparalleled protection against mosquitoes, ticks, and other biting insects. This pioneering approach empowers a life unrestricted by nuisance bites, making the outdoors more accessible and enjoyable.

Our formula is a testament to our values of responsible innovation, combining effectiveness with ethical considerations. By choosing BiteRepel, you are not only protecting yourself from mosquito-borne viruses but also contributing to a healthier planet. Join us in embracing the great outdoors with confidence and comfort, knowing nature’s best defence safeguards you. Choose BiteRepel for peace of mind and unparalleled protection.

Media Contact

Organization: BiteRepel

Contact Person: Jesse Neimus

Website: https://www.biterepel.com/

Email: Send Email

City: Diamond Bar

Country: United States

Release Id: 27072414822

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