Cybersecurity threats are top of mind for executives across industries. According to the Allianz Risk Barometer, cyber incidents are the number one concern for companies globally this year ahead of business interruption and natural catastrophes — and it’s easy to see why. Companies are concerned about everything from ransomware and phishing scams to more sophisticated attacks by bad actors intent on stealing trade secrets, disrupting services or even causing damage to critical infrastructure.
In the age of the Internet of Things (IoT) and connected devices, anyone and anything could be a target. That includes operational technology (OT) in the industrial space — a market that has a plethora of soft targets for adversaries to potentially compromise — and yet goes largely unchecked due to the siloed nature of these operations.