Fuel Oil News

Fuel Oil News August 2015

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BUSINESS OPERATIONS N E W S 22 AUGUST 2015 | FUEL OIL NEWS | www.fueloilnews.com CARGASENERGY.COM: NEW WEBSITE HIGHLIGHTS SOFT- WARE AND MOBILE TECHNOLOGY Cargas Systems has announced the re- cent launch of CargasEnergy.com, a newly designed website for their Cargas Energy product, a leading software ap- plication for fuel delivery and HVAC service companies across the country. The new website features educational information, industry best practices, bold visual components and a modern naviga- tional structure. Visitors will experience a vibrant and seamless view of Cargas En- ergy software and its deep functionality in multiple formats: dynamic videos, in- depth product demonstrations, customer testimonials, an interactive blog and ex- tended on page content. The website is intended to educate fuel dealers and HVAC service compa- nies on the benefits, features and func- tionality of Cargas Energy as an software alternative to their outdated or ineffi- cient systems. "Our goal was a ground up redesign of the website to provide content on the top business benefits to fuel dealers of imple- menting a modern web based software product like Cargas Energy," says Aaron Cargas, director of product development & marketing, Cargas Systems. "In addi- tion, frequent enhancements and ongo- ing updates to CargasEnergy.com will provide new and returning visitors with the most relevant and current informa- tion on our market offerings." More information about Cargas Sys- tems can be found at CargasEnergy.com. SHIPLEY ENERGY PURCHASES SMART CLICK ENERGY, LLC Shipley Energy has purchased the assets of Smart Click Energy LLC, an online en- ergy marketer, of Boston. Smart Click Energy operates a net- work of independent energy providers which utilizes a convenient, web-based ordering platform. Their service area in- cludes 85% of the homes heated with oil in the United States. The purchase agreement covers the sale of assets, intellectual property, soft- ware platform and assignment of the dealer network agreements to Shipley Energy, headquartered in York, Pa. "We are very excited about this op- portunity as we add a well-established technology company to our diverse line of businesses," said William Shipley III, CEO of Shipley Energy. "As we expand into new markets and establish better business practices for our existing cus- tomers, it's a priority that we provide the tools to make purchasing energy prod- ucts and services simple." Smart Click's software platform and network of delivery partners will enable Shipley Energy to service customers who currently reside outside of the traditional service footprint. "In bringing the Smart Click technol- ogy platform and dealer network under the Shipley Energy umbrella, we will instantly expand our service area from Pennsylvania to Maine and further our goal of becoming the only full service energy company with nationwide reach," said Steven Downey, Shipley Energy's vice president of marketing and technol- ogy. "Ultimately, we believe this acquisi- tion expedites us on the path to create an easy, customer centric buying experience for every energy consumer in America." SURVEY: 86% OF ENERGY SECURITY PROFESSIONALS BELIEVE THEY CAN DETECT A BREACH ON CRITICAL SYSTEMS IN LESS THAN ONE WEEK Tripwire, Inc., a leading global provider of advanced threat, security and com- pliance solutions, today announced the results of a survey conducted by Dimen- sional Research. The survey examined the views of over 400 energy executives and IT professionals in the energy, oil, gas and utility industries on cybersecu- rity and compliance initiatives. Over- all, energy security professionals were extremely confident in their ability to detect a cyberattack on critical systems, with 86% stating they could detect a breach in less than one week. The Tripwire survey found that 49% of all respondents believe their organi- zation could detect a cyberattack on a critical system within 24 hours. Energy executives were found to have the highest levels of confidence, with 61% claiming their organization could detect a critical system breach in less than 24 hours. How- ever, according to Mandiant's M-Trends 2015 report, the average time required to detect an advanced persistent threat on a corporate network is 205 days, and in the 2015 Data Breach Investigations Report, Verizon reported that 66% of cyberat- tacks took months to detect. "Cybersecurity within energy com- panies is stronger than it has ever been, yet growing bodies of evidence indicate that it's still far too easy to compromise the energy infrastructure," said Mark Weatherford, principal at The Chertoff Group. "Confidence at the executive level is certainly critical and necessary for suc- cess, but over-confidence can lead to a potentially dangerous false sense of secu- rity. Interestingly, a survey conducted last year by the Ponemon Institute found that 31% of 160,000-plus IT security profes- sionals in 15 countries never speak with senior company executives, which might explain why Tripwire's survey found that energy executives have such a high level of confidence in their organization's abil- ity to detect a critical systems breach. Therefore, it's a legitimate question to ask if executive confidence is misplaced." Additional findings from the Tripwire survey include: 94% of executives agree that their organization is a target for cyber criminals. 83% of respondents believe a cy- berattack could do serious physical dam- age to their infrastructure. Only 3% of respondents believe it would take more than one month to de- tect a cyberattack on a critical system. "Cybersecurity in the energy industry is focused on protecting the availability and reliability of the critical infrastruc- ture on which our nation relies," said Rekha Shenoy, vice president of business and corporate development for Tripwire. "The good news is that energy organiza-

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