MANAGEMENT

Increased cyber risk in mining

Cyber risk is a growing concern for the resource sector as more equipment becomes digitised and r...

Staff reporter

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A recent report by consultants EY said the number one risk facing mining and metals in 2017-18 was digital effectiveness, with cyber risk moving up to number three due to increasing digital transformation "making companies more vulnerable to the continued rogue activity in the sector".

Kevin Neveu, CEO of Precision Drilling Corp, told the Globe and Mail that the large Canadian drilling company had detected unsuccessful ‘intrusion’ attempts almost daily.

"We're certainly concerned that someone could hack into a drilling rig," he said. "We're running 20 rigs that have automation systems on them that actually control the rigs through software and tell it to go up and down, tell it to go to higher pressure or lower pressure. That software potentially could be hacked."

He added that the company has ‘intrusion-sensing systems’ that are designed to trigger a fail-safe shutdown. The drilling crew can also shut off the rig manually and it's possible to override the automated system and continue working without it.

Cyber security experts told the news outlet that hacking was organised crime and data security was more difficult to manage because the number of access points was multiplying.

Miners have been developing high-tech solutions to achieve efficiency, including global mining major Rio Tinto's goal to operate the world's first fully-autonomous heavy haul, long distance rail network, and Barrick Gold's ‘digital revolution’ to improve operations.

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