Operational Technology Security has Become a Vital Part of Maintaining the Integrity of an Organization, As It Can Help Prevent Malicious Cyber-Attacks
Operational Technology Security is a critical part of maintaining the integrity of an organization. This can include preventing malicious attacks, safeguarding data, and keeping employees safe. Moreover, it can help a business comply with regulations and laws. The first step in operational technology securit is to establish a strategy. A comprehensive strategy will include a risk analysis, threat identificatio, and vulnerability management process. This will ensure that any potential threats are identified and addressed in a timely manner.
A successful operational technology security strategy can also reduce the amount of time that an organization needs to respond to a cyber-attack. This is due to it can take an extremely long time for a cyber-attack to be detected, and therefore, it’s important to have a system in place that will quickly detect threats and respond. Another key aspect of a successful OT security strategy is to identify and monitor vulnerabilities in the systems that are being used. This can be done by scanning the networks and identifying any suspicious activity or changes that could indicate a threat.
The global Operational Technology Security Market was valued at US$ 14,803.2 Mn in 2020 and is expected to reach US$ 26,518.7 Mn by 2028 at a CAGR of 7.7% between 2021 and 2028.
Many OT systems are years old and are not patched or upgraded regularly, which leaves them vulnerable to hackers. The systems are also often designed to run continuously, which makes it impossible to take them offline for maintenance or downtime. OT vulnerabilities can be exploited to install malware, steal data, or even damage the machine itself. This is particularly true in production machinery.
In order to protect the industrial equipment, companies need Operational Technology Security solutions that can withstand the conditions of these environments and provide a high level of visibility into the network’s traffic. These solutions also need to be able to master the OT-specific protocols and deliver low latency. The best OT cyber security solutions will also be able to detect and prevent threats from inside the network as well, as any employee who plugs a USB drive into a machine, or any external technician who visits the site, can inject malware into the OT devices. Recently in March 2023, Waterfall Security Solutions along with TXOne Networks launched a novel security appliances for operational technology (OT) environments.
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