What's Happening?
A webinar hosted by SecurityWeek and Claroty is set to address the Return on Security Investment (ROSI) for cyber-physical security programs. The event aims to transform OT security teams from cost centers into resilience drivers by focusing on the tangible
impacts of unplanned downtime, regulatory fines, and equipment damage. The webinar will provide strategies for security teams and asset owners to present cyber-physical system (CPS) projects in a language that finance and operations departments can understand. The session emphasizes that dedicated OT security is not just about preventing cyber threats but also about streamlining asset management and reducing manual audit hours.
Why It's Important?
The significance of this webinar lies in its potential to shift the perception of OT security teams within organizations. By demonstrating the financial benefits of robust security measures, these teams can gain greater support and resources from their organizations. This shift is crucial as the cost of a single hour of downtime in cyber-physical systems can exceed the annual budget of a security program. By quantifying the financial impact of security measures, organizations can make more informed decisions, potentially leading to increased investment in security infrastructure and resilience training.
What's Next?
The webinar is expected to foster deeper partnerships between private sector entities and security teams, enhancing national resilience. As organizations begin to recognize the financial benefits of security investments, there may be a broader adoption of resilience training programs. This could lead to a more proactive approach to security, with organizations investing in preventive measures rather than reacting to breaches after they occur.
