The research comes at a time of heightened risk and awareness of cybersecurity threats facing critical infrastructure providers, particularly in the industrial space.
The 2021 ransomware attacks against Colonial Pipeline and meat supplier JBS USA raised considerable awareness in the information security community and among policymakers about how key elements of U.S. infrastructure were vulnerable to malicious cyberattacks from rogue nation-state and criminal actors.
“There has been a broad realization that operations that tolerate little-to-no downtime are lucrative targets — just in time manufacturing, transportation, natural and processed resource providers,” Danielle Jablanski, OT cybersecurity strategist at Nozomi Networks said via email.
Among the problems facing OT security is that many of these facilities have aging technology, the need for additional on-site personnel and IT security staff who do not have sufficient expertise in securing OT systems, according to the report.
In April, the FBI and other federal authorities warned about a set of custom made tools dubbed Incontroller, which had been developed to target industrial sites. The tools were capable disrupting production and potentially disabling safety controls.
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A PwC study shows cyber risk is a top concern among entire C-suite and corporate boards as companies are spending additional funds to boost resilience.
Insurers evaluate how a company leverages technology and what internal standards are in place to manage risk.
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