A new study says the industry has been “devastated” by a surge in demand for gold mining equipment, as well as the economic downturn.
Key points: The report from industry body the Australian Gold Council found the mining industry had a “massive” vulnerability to cyber attacks.
“The industry has a massive vulnerability to computer intrusions,” said the report.
The study found cyber attacks were the biggest threat facing the mining sector, with the industry vulnerable to theft and hacking.
It also found that more than 50 per cent of mining operations were “highly vulnerable” to cyber crime, and the majority of these were “potentially exploitable”.
The report said “a growing number of mining companies are struggling” to protect themselves against cyber attacks, which it said was due to “the large number of machines and infrastructure being compromised” by criminals.
The report, which was released this week, said “more than 50% of mining operators are at risk of cyber attacks”.
It also highlighted the need to invest in cyber security, which “is not a commodity and cannot be sold, bought or traded”.
In 2017, there were nearly 17,000 breaches at mining operations, with nearly $9 billion in losses.
“With so much at stake in the future of mining, the mining community has been at a crossroads, and it’s time for us to come together to make sure our companies are safe and our people are protected,” said chief executive of the Australian Association of Mining Companies (AAMC), Peter Wilson.
“It’s time to invest, and to have an open conversation with our industry, so we can get back to the business of mining.”
The AAMC is part of the Mining Industry Association of Australia, which represents more than 2,000 mining companies.
It said “some” mining companies were “well aware” of the risks. “
In recent years, mining businesses have faced a series of significant attacks, ranging from malware to hacking attempts, which have disrupted the operations of more than a million people across Australia.”
It said “some” mining companies were “well aware” of the risks.
It said the lack to communicate “could lead to serious issues in the mining environment”. “
A major problem is the lack of communication between the industry, industry and the Australian Government,” it said.
It said the lack to communicate “could lead to serious issues in the mining environment”.
The AamC’s submission noted that “in the past, mining companies have communicated directly with the Australian Federal Government on cybersecurity”.
The AAMCC also highlighted a “significant lack of training” for industry personnel, and said “there is a need for more training and guidance for the industry”. “
Many mining companies and their staff are still unaware of the current threats and risks.”
The AAMCC also highlighted a “significant lack of training” for industry personnel, and said “there is a need for more training and guidance for the industry”.
It said it was working with the mining business community and other stakeholders “to ensure the Australian mining community is adequately prepared for cyber attacks and attacks by hackers”.
The ABC has contacted the Australian Mining Association for comment.
The AMA, which also holds the title of mining industry body, has been under fire from the mining companies themselves for not doing enough to ensure their staff were aware of cyber security.
It’s a common theme in the report: there’s a huge disconnect between what’s being said and what’s actually happening.
Topics:mining-industry,mining-environmental-issues,hacking-and-exploitation,digital-technology,cyber-attacks,software,government-and‑politics,industry-and/or-finance,internet-technology-and,digital,security-intelligence,australiaMore stories from Australia