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Survey Reveals 40% of Ransomware Targets OT Systems Directly

According to OTORIO study, 88% of security leaders report significant disruptions from cyber attacks in 2024.

OTORIO has released its latest research study, “Midyear OT-IoT-CPS Cybersecurity CISO Report.” The document reveals critical insights into the state of OT (Operational Technology), IoT (Internet of Things), and CPS (Cyber-Physical Systems) security by examining current trends, challenges, and strategies adopted by industry leaders to safeguard critical infrastructure from cyber threats.

Read More: How M&A, Tech Consolidations Create Ransomware Vulnerabilities

Key Takeaways

  • 88% of security leaders experienced moderate to severe disruption in their business operations due to cyber attacks over the past year
  • 40% of ransomware attacks lacked an IT component, underscoring the direct risk to OT environments
  • 40% of companies are now leveraging exposure management
  • 71% of companies’ cyber insurance policies do not fully cover OT
  • 45% of companies have established joint IT/OT security taskforces

On Record

In a recent quote, OTORIO’s CEO and Co-Founder Daniel Bren said, “We are excited to share these findings with the cybersecurity community. It’s crucial for organizations to stay ahead of evolving threats and adopt proactive measures to protect their critical infrastructure.”

Download the full report

About the Author

Alexis Gajewski, Senior Content Strategist, Plant Services

Alexis Gajewski has over 15 years of experience in the maintenance, reliability, operations, and manufacturing space. She joined Plant Services in 2008 and works to bring readers the news, insight, and information they need to make the right decisions for their plants. Additionally, Alexis works on initiatives for other Endeavor Business Media brands that specialize in the manufacturing industry, and helped launch the group's new podcast series Great Question: A Manufacturing Podcast.

 

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