In this article roundup, we curate essential readings on a variety of cybersecurity topics, including data breaches, regulatory changes, and innovative security solutions. Each installment focuses on significant issues facing the industry, providing you with valuable perspectives and insights. Perfect for busy professionals, our series breaks down the content and highlights practical applications to enhance your knowledge and skills.
Is shadow OT lurking in your industrial network?
The connected tools that benefit operations and maintenance can also pose cybersecurity threats.
In the fast-evolving landscape of industrial cybersecurity, a new threat looms large: shadow OT. It lives in the places where information technology (IT) and operational technology (OT) converge. Understanding shadow OT, identifying its forms, and appreciating the stakes involved in mitigating its risks are essential for manufacturers and businesses operating within industrial environments. Maintenance engineers and technicians can be both a source of shadow OT and a mitigator for its expansion. Stopping shadow OT starts with an accurate asset inventory but long-term will require cross-functional teams long-term and a shift in manufacturing culture. In a connected world, industrial cybersecurity is everyone’s responsibility.
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Evolving cyber insurance: A data-driven approach to risk management
While many believe dynamic threats are evolving too quickly to keep up with, given the right resources, businesses everywhere can come out ahead.
As critical vulnerabilities hit an alarming 35,000+ Common Vulnerabilities and Exposures (CVEs) this year, it’s clear that all businesses—from SMBs to large enterprises—face a volatile threat landscape that necessitates well-managed solutions to maintain resilience. While some believe that cyber threats evolve too quickly to keep up with, new approaches are emerging that enable any business to defend itself from the growing onslaught of cyber threats. As these vulnerabilities climb, cyber insurers are at the forefront of contextualizing this heightened threat environment because part of their remit is simplifying the complex world of cyber risk so that brokers and business leaders can quantify and manage emerging risks.
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Read More: Cybersecurity Spotlight on Safeguarding Transportation and Critical Infrastructure Data
Digital solutions to improve fleet cyber defense
Cyberattacks are on the rise in the industry, and ensuring fleet management platforms have single sign-ons, customizable permissions, and consistent updates can thwart potential breaches.
With cyberattacks and data breaches being reported at increasingly higher rates across different industries, data security has become more important than ever. For fleets running multiple business solutions, however, it can be difficult to achieve the desired—or necessary—level of security. Implementing an integrated management solution can help fleets improve data security through features such as single sign-on (SSO), adjustable user permissions, and consistent software updates so employees can focus more on daily operations. Cyberattacks and data breaches have been surging in headlines lately, with a new story popping up every few days. But this issue doesn’t just impact banks, automotive dealerships, and telecommunication companies. Any organization using digital solutions for data collection and/or storage are ripe for the picking.
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Auto industry must gear up its cyber risk approach
The stakes are high for organizations that don’t adequately handle cybersecurity, with each cyberattack costing companies an average of $4.45 million per incident.
The rapid pace of technology adoption across industries has significantly increased the rate of cyberattacks. The automotive industry, in particular, has been heavily impacted as it enhances its systems and products with new technology. In some cases this has led to serious operational setbacks, with dealerships needing to resort to pen and paper during system outages. This raises an important question: If your industry is adopting new technology, are your cybersecurity efforts advancing with it?
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