What's Happening?
A webinar hosted by SecurityWeek and Claroty is set to address the return on security investment (ROSI) for cyber-physical systems (CPS). The event aims to help operational technology (OT) security teams and asset owners transition from being perceived
as cost centers to resilience drivers. The discussion will focus on quantifying the financial impact of unplanned downtime, regulatory fines, and equipment damage. It will also explore strategies for presenting CPS projects in a manner that resonates with finance and operations departments. The webinar underscores the importance of dedicated OT security not only in preventing cyberattacks but also in streamlining asset management and reducing manual audit hours.
Why It's Important?
The significance of this webinar lies in its potential to reshape how organizations perceive and invest in cyber-physical security. As industries increasingly rely on interconnected systems, the risk of cyberattacks grows, making robust security measures essential. By translating technical risks into financial terms, security teams can better justify investments in security infrastructure. This approach not only enhances organizational resilience but also aligns security initiatives with broader business objectives, potentially leading to more strategic and effective security investments.
What's Next?
Following the webinar, organizations may begin to implement the strategies discussed, potentially leading to increased investment in cyber-physical security. Stakeholders in finance and operations might become more engaged in security discussions, fostering a more integrated approach to risk management. Additionally, the insights gained could influence future security policies and practices, promoting a culture of proactive security management across industries.
