New research looks at industrial cyber security and breach impacts

Published: Wednesday, 13 July 2022 08:52

Barracuda Networks Inc. has released key findings from a report titled The State of Industrial Security in 2022. The research surveyed 800 senior IT managers, senior IT security managers, and project managers responsible for industrial internet of things (IIoT)/operational technology (OT) in their organization to get their perspectives on IIoT/OT security projects, implementation challenges, security incidents, technology investments, and a variety of issues related to cyber security risks.

Overall, the research shows that critical infrastructure is under attack, and despite agreement that IIoT and OT security is critical, businesses are facing some significant challenges as the geopolitical landscape becomes increasingly tense. Security breaches have shown to have impacts beyond monetary losses as well, resulting in significant downtime with long-lasting breach impact.

The research found:

Organizations across the board have acknowledged the importance of investing even further in IIoT and OT security, with 96 percent of business leaders noting that their organization needs to increase their investment in industrial security. A full 72 percent of organizations signaled that they have either already implemented or are in the process of implementing IIoT/OT security projects, but many are facing significant challenges when it comes to implementation, including basic cyber hygiene.

Findings include:

More details.