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Cybersecurity-Insiders

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Image Credit: Cybersecurity-Insiders

COOs Will Make Impact-Based Security a Mainstream Requirement

  • 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.

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