Energy & Utilities
Risk & Resilience in the Energy Sector
David Sällh, Senior Consultant with 4C Strategies, discusses the risk landscape within the Energy & Utilities sector. Hear David’s views on the emerging trends and vulnerabilities of an industry in transition – to digitalised processes and renewable energy sources.
Integrated, end-to-end solutions for Training, Risk, Continuity, and Crisis management
The Energy & Utilities sector is facing an increasing array of new threats due to dramatic market changes, regulatory requirement, shifts in the competitive landscape and efficiency enhancements in recent years. As a result the sector has increasingly adapted to the ‘just-in-time’ principle, while also creating new vulnerabilities.
Digitalisation is a key driver in making this transition possible. At the same time, many old risks remain as the shift towards renewables increases both the sector´s complexity and interoperability.
To help the Energy & Utilities industry cope with this new landscape and strengthen its readiness, 4C Strategies provides integrated, end-to-end solutions for risk, continuity and crisis management. Through our Exonaut® software’s mobile app, dynamic mapping tool and dashboard status overviews, we help our clients build resilience while also planning for, monitoring and responding to incidents. Operational readiness is fully maintained during this development.
4C Strategies Energy & Utilities Customers
4C Strategies has extensive consulting expertise and software experience from the energy and utilities sector.
4C Strategies has, for example:
- Provided in depth critical infrastructure analyses of security of supply from both a regional and a national perspective, e.g. fuel depots for both the private sector as well for energy agencies.
- Trained customers during Exercise Black Screen 2017 – a large-scale cyber exercise in the Nordic electricity sector.
- Provided incident and crisis management training to two large nuclear power plants in southern Sweden.
- Implemented an integrated risk, business continuity and crisis management framework for a major private oil company based in Sweden.
Cyber exercise in the Nordic electricity sector
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Learn how Exonaut® software can help your organisation to build, verify and track the readiness capabilities you need to deliver on your strategic and operational objectives.
What distinguishes 4C Strategies from other competitors?
4C Strategies are experts in risk, continuity and crisis management. We have been involved in the development of both the ISO 31000 and ISO 22301 standards, and are now using them daily as part of our solutions. We combine this with extensive experience from the Energy & Utilities industry. In addition, we also bring to the table the synergies and knowledge gained from other critical infrastructure sectors such as Public Safety & Emergency, IT/Telecom and Financial Services. This creates a breadth and strength that your entire organisation may benefit from.
What services do you provide?
4C Strategies deliver process development, education, training, exercises, seminars, workshops, benchmarking, analyses and strategy development within Risk Management, Crisis Management and Business Continuity Management. All these services are aimed at critical infrastructure protection. We provide a complete set of tools to ensure that your organisation develops and maintains the desired capabilities and meets compliance demands.
How often should Energy & Utilities organisations train and exercise incident and crisis management?
Having delivered projects to the Energy & Utilities industry for almost 20 years, we have a good understanding of both the regulatory requirements and current best practices. How often you should exercise is dependent on the type, size, and maturity of the organisation. Generally, the Crisis Management Training (CMT) of an Energy & Utilities organisation should exercise at least once a year in order to maintain their capability to respond effectively to a major event. Larger and more complex organisations tend to require more frequent training and exercising.
What types of exercise scenarios does 4C Strategies develop?
4C Strategies draws on almost 20 years of experience and has a huge library of adaptable scenarios. Lately, we have seen an increased demand for cyber scenario exercises at different levels and complexity. Our model for structured crisis management and situational awareness can be used in all exercises and during any type of crisis.
What are the benefits of the Exonaut® software?
Exonaut® is a scalable software platform that enables you to either chose a specific solution that your organisations need, e.g. risk management, or an array of solutions that are integrated, for example our risk and compliance solution.
How long does a typical software implementation project take?
For implementation of Exonaut®, we have developed a rapid implementation process where we usually go-live within 6-12 weeks of project start-up. The upper time frame is more relevant if your processes have not been developed and/or communicated.
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How is your readiness?
4C Strategies is a solutions company providing scalable off the shelf software Exonaut® and expertise to a large international customer base including both public and private sector organisations.