Cyber security has become an increasingly important issue for organisations in every sector. But one of the most attractive and often vulnerable targets is a utility company. Such organisations as the U.S. Government Accounting Office (GAO) have been ringing the alarm about utility company weaknesses recently, noting weaknesses throughout the transmission systems.
Utility companies have been aware of such risks for years, but as threats grow in scale, utility companies need to step up their risk-monitoring operations. However, this can be easier said than done for many companies, and the entire issue can be a monstrous headache.
Drumz plc (LON:DRUM) is an investing company whose policy is to invest principally but not exclusively in the technology sector within Europe. On 4 September 2020, Drumz made an investment in Acuity Risk Management Ltd, which operates an award winning software business specialising in risk management.