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Threat Vector by Palo Alto Networks
The State of OT Security
Oct 3, 2024
Cheng Huan, VP of Product Management at Palo Alto Networks, and Michela Menting, Senior Research Director at ABI Research, dive into the urgent challenges of Operational Technology (OT) security. They discuss how digital transformation has heightened vulnerabilities to ransomware and nation-state attacks. The conversation highlights the immediate and long-term financial impacts of OT breaches, and the pressing need for collaboration between IT and OT teams. The experts advocate for proactive security measures and comprehensive visibility to safeguard critical infrastructure in an increasingly digital world.
36:13
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Quick takeaways
- A staggering 75% of industrial operators experience cyber attacks in OT environments, challenging outdated beliefs about their security invulnerability.
- The convergence of IT and OT requires proactive cybersecurity strategies and collaboration to effectively mitigate risks and enhance safety in critical infrastructure.
Deep dives
Prevalence of Cyber Attacks in OT Environments
A significant number of industrial operators, about 75%, experience cyber attacks in their operational technology (OT) environments, challenging the misconception that such incidents are rare. Research indicates that these attacks are frequent, with nearly 70% of surveyed organizations reporting at least one attack in the last year, and one in four facing operational shutdowns as a direct result. This staggering frequency of breaches highlights the urgent need for improved security measures within OT systems, which are often inadequately protected due to outdated beliefs about their invulnerability. As digital transformations continue, exposing legacy systems to potential threats, organizations must prioritize cybersecurity in their operational strategies to mitigate these risks.
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