What is the story about?
What's Happening?
A global study conducted by Forrester Consulting for Schneider Electric reveals that 91% of critical infrastructure organizations have experienced at least one operational technology (OT) breach or failure in the past 18 months. These incidents have resulted in service interruptions, revenue loss, and reputational damage. The study highlights a significant gap in OT security, with many organizations relying on traditional IT practices and lacking 24/7 monitoring for OT threats. To address these challenges, 75% of respondents endorse the 'Secure by Operations' strategy, which integrates cybersecurity into complex operational environments. This approach has led to faster recovery times and reduced capital expenditure for organizations that have adopted it.
Why It's Important?
The endorsement of the 'Secure by Operations' strategy is crucial for enhancing the security of critical infrastructure, which is vital for national security and economic stability. By embedding cybersecurity into operational processes, organizations can better protect against OT cyberattacks, which have the potential to disrupt essential services and operations. The strategy also offers benefits such as improved operational efficiency, regulatory compliance, and enhanced reputation. As cyber threats continue to evolve, adopting proactive and continuous cybersecurity measures is essential for safeguarding critical infrastructure and maintaining public trust.
What's Next?
Organizations are likely to increase their investment in 'Secure by Operations' strategies, seeking partnerships with managed security service providers to augment their security capabilities. This collaboration can provide the expertise and resources needed to secure OT environments effectively. As the threat landscape evolves, critical infrastructure organizations will need to continuously assess and update their cybersecurity strategies to address emerging risks and ensure resilience against cyberattacks.
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