November 2011, Vol. 238 No. 11

In The News

Executives Confident Of Information Security Practices

PwC US has released a new report entitled, “Eye of the Storm,” which provides findings on information security for the oil and gas industry, based on survey responses from 143 senior industry executives. PwC found that despite data exploitation being up across the board, executives remain confident in their security practices as they have a set strategy in place. According to PwC, 46% of O&G companies say they have a security strategy in place and are proactively executing it. The survey found that 77% of respondents believe their practices are effective. PwC disclosed that 59% of respondents say information security spending in O&G will increase ove

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