LATEST INTELLIGENCE
AN EXECUTIVE ’ S GUIDE TO INDUSTRIAL CYBERSECURITY
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The Importance of Industrial Cybersecurity
As enterprises invest heavily in digital transformation , industrial cybersecurity will increasingly serve as a critical enabler for safely and securely advancing business goals through technological innovation .
Advancing connectivity and digitalization of operational technology ( OT ) provides significant benefits to the business , including :
• Increased automation .
• Improved process efficiency .
• Better asset utilization .
• Enhanced telemetry of machinery for business forecasting and equipment maintainability .
But when the cyber risks of this connectivity aren ’ t addressed in tandem with innovation , the benefits can be diminished by heightened impact from security incidents .
The previous year offered up dramatic examples of the types of critical infrastructure risks that are exacerbated by the absence of effective OT cybersecurity preparation . The industrial world has seen electric power plants at risk from vulnerable information technology ( IT ) remote administration tools , and disruptive cyberattacks against water treatment facilities and natural gas pipelines .
This is a pivotal time for boards of directors and their executive teams – led by guidance from CISOs and risk executives – to start aligning appropriate risk management with operational innovation . x
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