Separating the wheat from the Chaff in the world of Industrial IoT
The shortage of talent in technology and trades has led to an increase in outsourcing cybersecurity activities. When teams outsource security, they rely on external expertise and resources to maintain their security, but also give up control to a third-party. Cybersecurity risk must be evaluated based on potential business impacts, not just vulnerability levels.
Automating risk assessments using data can help CISOs (Chief Information Security Officers) understand the risks they face and prioritize their efforts to minimize potential business impacts. In the operational technology (OT) cybersecurity space, CISOs should focus on a dashboard with 2-3 key metric indicators that can be presented to the board on a regular basis.
The balance between public compliance and internal governance can be addressed through increased government involvement in the cybersecurity space. The energy sector, which includes various facilities, has varying levels of cybersecurity maturity and areas for improvement, such as critical infrastructure protection and cybersecurity awareness training. The water and wastewater sector has its own unique challenges and should prioritize cybersecurity to ensure the protection of their operations and the public.