DNV, Applied Risk Partner to Build World’s Largest Industrial Cybersecurity Practice

The two companies aim to to safeguard critical infrastructure in energy, maritime, manufacturing, chemicals, healthcare and other sectors.

Hart Energy Staff

DNV, the independent assurance and risk management provider has announced plans to acquire industrial cyber security specialist Applied Risk, DNV said on Nov. 24. The two companies will join forces with the aim to build the world’s largest industrial cyber security practice, defending critical infrastructure against emergent cyber threats.

Threats to industrial cyber security are becoming more common, complex and creative. In 2020, nine in ten companies in the manufacturing, energy and utilities, healthcare and transportation sectors suffered an attack on the computing systems managing their industrial operations. Recovery from an attack can cost organizations hundreds of millions of dollars and companies face are facing increasing pressure to comply with tighter regulation.

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