The global power industry experienced a 43% drop in company filings mentions of cybersecurity in Q2 2023 compared with the previous quarter, with the highest share accounted for by Enel with 2% year-on-year decrease, according to GlobalData’s analysis of over 211 power company filings. GlobalData’s Cybersecurity in Power – Thematic Research market report provides a detailed understanding on how Cybersecurity impacts the value chain in the Power sector, and the leading Cybersecurity adopters and vendors in the market. Buy the report here.
Notably, cybersecurity was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of cyber insurance and esports, according to GlobalData.
Of the top leading companies in the power industry, Enel had the greatest increase in references for cybersecurity in Q2 2023, compared with the previous quarter. GlobalData identified 79 cybersecurity-related sentences in the company's filings - 1% of all sentences - and a decrease of 2% in Q2 2023 compared with Q2 2022. Uniper’s mentions of cybersecurity rose by 3% to 30 and Edison International’s by 52% to 29 and Power Assets’s by 4% to 28 and Emera’s by 700% to 24.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for cybersecurity in Q2 2023 was 178.
To further understand GlobalData's analysis on Cybersecurity in Power - Thematic Research, buy the report here.