Avangrid Achieves Near-Perfect Cybersecurity Rating from SecurityScorecard
Avangrid achieved a security score of 98 from SecurityScorecard, a global leader in cybersecurity ratings, significantly higher than the energy sector average
Avangrid outperforms its industry peers in several key areas, including network security and application security, two of the industry’s most common vulnerabilities according to a recent SecurityScorecard and KPMG report on top threats to the
“Maintaining high standards in cybersecurity has become even more important in our increasingly digital world and critical to Avangrid achieving its goals of providing our customers with safe, reliable, and affordable energy while accelerating the energy transition,” said Pedro Azagra, Avangrid CEO. “I am proud of the work our security professionals have done to keep our digital infrastructure safe, and these efforts will continue in order to thwart the new threats that are sure to come in the future.”
The recent report from SecurityScorecard and KPMG highlighted an urgent need to enhance security within the energy sector. For example, it found the greatest threat to the industry comes from security breaches involving third-parties, mostly outside the energy sector or in software and IT services. Additionally, it stated that growing clean-energy capacity in the
“The threat landscape is dynamic and constantly changing, and as cybercriminals develop new techniques, we will continue to deploy smart and timely security mitigations to defend our critical infrastructure and reduce risk”, said Brian Harrell, Avangrid Vice President & Chief Security Officer. “Adversaries will always look at the energy sector as an attractive target, but we will work to stay one step ahead by making the right investments to keep our company, customers, and infrastructure secure.”
To address constantly evolving cybersecurity threats, Avangrid has put in place measures to help assess, identify, and manage risks, which is critically important to its Networks companies including United Illuminating, Connecticut Natural Gas, Southern Connecticut Gas,
About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in
About SecurityScorecard: Funded by world-class investors, including Evolution Equity Partners, Silver Lake Partners, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings, response, and resilience, with more than 12 million companies continuously rated.
Founded in 2014 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard’s patented security ratings technology is used by over 25,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight.
SecurityScorecard makes the world safer by transforming how companies understand, improve, and communicate cybersecurity risks to their boards, employees, and vendors. SecurityScorecard achieved the Federal Risk and Authorization Management Program (FedRAMP) Ready designation, highlighting the company’s robust security standards to protect customer information, and is listed as a free cyber tool and service by the
View source version on businesswire.com: https://www.businesswire.com/news/home/20241023317576/en/
Media Contact:
Keaton Thomas
Keaton.thomas@avangrid.com
503-956-9621
Source: AVANGRID, Inc.