Close your cybersecurity gaps in digital transformation now

In the first two quarters of 2022, attacks on digital transformation projects have increased in the Middle East. Threat actors target production systems, assembly lines, security and instrumentation systems (including legacy systems from 2017 or earlier), IoT devices, and IoT and OT networks. A new set of actors are relentlessly scanning networks owned by various companies to uncover loopholes that could be exploited to harvest data or plant malware.

Read now: 2022 IoT and OT Threat Landscape Assessment Report

With such an increase in cyber attacks and due to the increase in insider threats, the risk of serious industrial cyber incidents originating from IoT and OT infrastructure has also increased significantly. Industrial companies that have invested significantly in OT infrastructure have also become prime targets for ransomware and sophisticated attacks. Such attacks can lead to the erosion of revenue, invested capital, data and credibility. The loss of the production window and destabilization of production schedules will continue to impact results for months, if not years.

Thus, the need to close the gaps in digital transformation is now more critical than ever. Even a single threat surface exposed in your infrastructure can harm your overall security posture.

Digital transformation and security breaches

The digital transformation driven by data collection and the integration of assets and networks opens up new threat surfaces and latent gaps. These gaps serve as pathways of attack that are linked through cloud and application services, supply chains, remote workforce, and untested IoT devices. Such vulnerabilities that extend to critical control systems when exploited by a sophisticated hacker can derail even the most mature first response plan, as the hacker moves laterally through the system, disrupting operations while covering new terrains and exploiting new gaps.

A traditional IT-centric approach to digital transformation security has proven to be the bane of many industries and security teams. More IoT and OT systems lack advanced capabilities and often operate in alignment with last year’s threat environment. With the proliferation of sophisticated threat actors, mature cybersecurity programs based on threat anticipation and response are no longer a matter of choice.

Learn more: Security consulting for digital transformation

Most enterprise-run IoT and OT cybersecurity programs lack the active defenses, skilled workforce, and tools needed to detect and address multiple vulnerabilities. Even fewer companies have a roadmap in place with investment and management buy-in for significant security posture improvement.

Most companies lack the resources and expertise to execute a secure deployment of innovative digital transformation efforts. Sometimes such programs would have consumed more budgets than expected and teams often try to save money by downgrading the original security program in terms of measures and tools to save money.

More access, less security

There is a demand from multiple stakeholders to provide direct access to infrastructure components, including Safety and Instrumentation Systems (SIS), core engineering systems, and data analytics systems based on the cloud. Third-party vendors often request network access to service hardware remotely, and predictive maintenance systems share data with multiple vendors in some cases. In many parts of the Middle East, such as the United Arab Emirates and Saudi Arabia, we have seen drones being used to monitor remote locations. These drones are often connected to multiple networks, each of which can serve as an entry point for complex malware or multi-payload droppers.

Read also : Complete Guide to Cyber ​​Threat Intelligence Feeds

Digital transformation is based on improving operational transparency, overall efficiency, effectiveness, productivity and process consistency. To achieve these goals, security configurations are often overlooked or deprioritized. In a Sectrio survey carried out between April and May 2022 more 80% of CISOss admitted to not having the desired level of visibility on their operations. In the Middle East, CISOs also mentioned the use of systems that are not hardened from a security perspective and therefore susceptible to exploitation by threat actors.

Gaps like these increase the risk of disruptive cyber incidents that can impact security, infrastructure integrity, and business continuity.

Join us to fill the cybersecurity gaps in your digital transformation

Join us in the digital transformation security reader jointly organized by Sectrio and Spire where our cybersecurity expert Gopal Krishnan will help you draw a roadmap for:

  • Improve the maturity of your digital transformation security programs
  • Move from passive defense to an active defense approach to secure systems
  • Maintain a stable and robust safety posture
  • Expand device and component level strategy to secure your entire infrastructure
  • Operate with the right levels of visibility into your IoT and OT networks
  • Rapidly respond to security events
  • Bring together relevant resources and expertise to ensure secure deployment new digital transformation initiatives.

Date: August 24, 2022
Time: 9 a.m. to 2 p.m.
Venue: Meeting room Al Mawad, Le Méridien – Al Khobar

This is an in-person event. Contact us now to secure your location for free: Book your time now

Close your cybersecurity gaps in digital transformation now – Sectrio

*** This is a syndicated blog from the Security Bloggers Network of Sector written by Prayukth K V. Read the original post at: https://sectrio.com/close-your-digital-transformation-cybersecurity-gaps/


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