The COO will become increasingly involved in OT cyber decision-making to help bridge the gray area between CISOs and on-site facility managers.
COOs will recognize that cyber insurance providers are increasingly pressuring enterprises to maintain better cyber risk hygiene, contributing to an overall improved risk-based cybersecurity agenda.
Impact-based risk assessments, that estimate the potential financial losses to the business due to a cyber event, will better resonate with the COO decision maker.
Another step forward will involve the growing combination of digital twins with AI to revolutionize how leaders tackle industrial cyber risk.
Despite these gains, cyber risks will continue to pose a significant problem for OT facilities.
Impact-based risk assessments have become critical for enhancing cybersecurity assessments by adding all that contextual information into the evaluation.
Improved physical security can help reduce many cyber risks, just as better cybersecurity can help protect physical access control systems.
Experts on either side regularly exclude the other risk, such as when cybersecurity assessments exclude physical security risk, and vice versa.
Cyber incidents have caused increasing financial damages, even for the most prepared organizations.
We should expect risk-based OT security to become more mainstream over the coming year, especially for Chief Operating Officers.