83% of critical infrastructure companies have experienced breaches in the last three years
Eighty-three percent of firms in the energy and other critical infrastructure industries have had at least one operational technology (OT) cyber security breach in the prior 36 months.
Many organisations underestimate the risk of a cyber attack, with 73% of CIOs and CISOs “highly confident” their organisations will not suffer an OT breach in the next year, according to a new survey by IT security firm Skybox Security. This is compared to only 37% of plant managers, who have more first-hand experiences with the repercussion of attacks. Skybox Security said this underlined the CISO disconnect between perception and reality.
The study questioned OT security decision makers in the US, UK, Germany, and Australia. Many respondents were from companies with $1 billion or more in revenue within the manufacturing, energy, and utility industries.
The new research, “Operational Technology Cybersecurity Risk Significantly Underestimated,” found that 40% of all respondents said OT is an afterthought to other digital initiatives, highlighting that cyber security is often at risk from apathy.
The increasingly complex nature of networks in modern critical infrastructure companies was top of mind for respondents. Seventy-eight percent said complexity due to multivendor technologies is a challenge in securing their OT environment.
In addition, 39% of all respondents said a top barrier to improving security programs is decisions are made in individual business units with no central oversight. Almost half of CISOs and CIOs said disjointed architecture across IT and OT pose the greatest security risk in their OT environment.
There were also major concerns about third-party risks. Forty percent of all respondents said supply chain/third-party access to the network is one of the top-three highest security risks. Yet, less than half said their organisation has a third-party access policy that applied to OT.
Skybox Security Research Lab threat intelligence lead, Sivan Nir, argued that new OT vulnerabilities were up 46% compared to the first half of 2020. “Despite the rise in vulnerabilities and recent attacks, many security teams do not make OT security a corporate priority,” he said.
“Why? One of the surprising findings is that some security team personnel deny they are vulnerable yet admit to being breached. The belief that their infrastructure is safe — despite evidence to the contrary — has led to inadequate OT security measures.”
Ⓒ Future Publishing
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