SecurityBrief New Zealand logo
New Zealand's leading source of cybersecurity and cyber-attack news
Story image

How are industrial enterprises faring with the rise of cyber threats?

By Catherine Knowles
Wed 7 Oct 2020
FYI, this story is more than a year old

The majority of industrial enterprises face an increase in cyber threats since the COVID-19 pandemic began, according to a new report from Claroty titled The Critical Convergence of IT and OT Security in a Global Crisis.

The survey found a majority (56%) of IT and OT security professionals at industrial enterprises have seen an increase in cybersecurity threats since the start of the COVID-19 pandemic in March.

Additionally, 70% have seen cyber criminals using new tactics to target their organisations in this timeframe.

Across the globe, COVID-19 has led cyber criminals to use new tactics and organisations to become more vulnerable to cyber attacks, with 56% of global respondents saying that their organisation has experienced more cyber security threats since the pandemic began.

Further, almost three-fourths (72%) reported that their jobs have become more challenging.

COVID-19 has clearly had an impact on IT/OT convergence, as two-thirds (67%) say that their IT and OT networks have become more interconnected since the pandemic began and more than 75% expect they will become even more interconnected as a result of it.

While IT/OT convergence unlocks business value in terms of operations efficiency, performance, and quality of services, it can also be detrimental because threats - both targeted and non-targeted - can move freely between IT and OT environments, Claroty states.

Responses from IT and OT security professionals in Australia and New Zealand reveal that almost 65% said their IT and OT networks are ‘completely connected’, yet only 8% are prioritising OT security.

In addition, 81% agree IT and OT have become more connected and 92% agree they will become even more connected as a result of the pandemic.

Finally, 81% have found the collaboration between the IT and OT teams within their organisation more challenging during the pandemic.

In terms of industries, globally the respondents ranked pharmaceutical, oil and gas, electric utilities, manufacturing, and building management systems as the top five most vulnerable to attack.

Most regions followed similar patterns, identifying three to five industries clustered closely toward the top of the list.

Claroty CEO Yaniv Vardi says, “While we would be short-sighted to think that we won’t have more challenges as we continue to face unknowns from this pandemic, protecting critical infrastructure is especially important in a time of crisis.

“As large enterprises are trying to improve their productivity by connecting more OT and IoT devices and remotely accessing their industrial networks, they are also increasing their exposure as a result.

"OT security needs to be brought to the fore and made a priority for all organisations. Attackers know that IT networks are covered with cyber security solutions so they’re moving to exploit vulnerabilities in OT to gain access to enterprise networks.

"Not protecting OT is like protecting a house with state-of-the-art security and alarm systems, but then leaving the front door open.”

Claroty's report is based on a global, independent survey of 1,100 full-time IT and OT security professionals who own, operate, or otherwise support critical infrastructure components within large enterprises across Europe, North America and Asia Pacific.

Related stories
Top stories
Story image
Artificial Intelligence
Abnormal Security finds financial supply chain under threat
New research by Abnormal Security has found a rising trend in financial supply chain compromise as threat actors increasingly impersonate vendors.
Story image
Microsoft
SMX partnership with Microsoft leads to NTT recognition
SMX has captured the attention of NTT after receiving positive reviews from businesses across Australasia and beyond for its email security.
Story image
Cybersecurity
The link between cybersecurity, extremist threat and misinformation online in Aotearoa
Long story short, it's often the case that misinformation, threat and extremism link closely to cybersecurity issues and cyber harm.
Story image
Amazon Web Services / AWS
Zscaler, AWS accelerate onramp to the cloud with zero trust
Zscaler has announced an extension to its relationship with Amazon Web Services, as well as innovations built on Zscaler's Zero Trust architecture.
Story image
Cybersecurity
ConnectWise reveals cybersecurity updates and partnerships
ConnectWise has unveiled new updates to its services and highlighted the importance of cyber insurance at its IT Nation Secure conference.
Story image
Data Protection
Thales solution supports DevSecOps teams with data protection
Thales' CipherTrust Platform Community Edition enables DevSecOps teams to deploy data protection controls into multi-cloud applications faster.
Story image
Manufacturing
Sternum joins NXP, collaborates on IoT security and observability
Sternum has announced it has joined the software partner community of NXP Semiconductors, a manufacturer of and large marketplace for embedded controllers.
Story image
Apple
LastPass announces new capability for iPhones and iPads
LastPass has announced its new save and fill experience, allowing customers to fill in, create and save their credentials directly within the site's form field.
Story image
Identity and Access Management
Ping Identity launches corporate venture capital fund
Ping Identity has launched a corporate venture capital fund to foster innovative offerings for the identity security market.
Story image
Cloud
Exabeam expands investment in Google Cloud in fight against cyber threats
The move opens up limitless data ingestion, speed, and scale opportunities for worldwide security teams in their ongoing fight against cybersecurity attacks.
Story image
Cybersecurity
Trend Micro unveils dedicated security for electric vehicles
The cybersecurity company has announced VicOne - dedicated security for the electric vehicles and connected cars of today and tomorrow.
Story image
DDoS
Flashpoint unveils security offering for school boards
Flashpoint has released its K-12 risk management and security offering to provide school boards and education security practitioners with tools to recognise, prevent and manage cyber and physical threats.
Story image
Cybersecurity
Why is NZ lagging behind the world in cybersecurity?
A recent report by TUANZ has revealed that we are ranked 56th in the world when it comes to cybersecurity - a look into why we're so behind and what needs to be done.
Story image
Zscaler
Securonix partners with Snowflake, Zscaler in joint venture
Securonix is embarking on a joint technology integration with Snowflake and Zscaler to speed up threat detection and response at cloud scale.
Story image
Data resilience
Digital resilience in 2022 - A10 Networks releases new study
Of the 250 corporate organisations surveyed, as many as 95% showed high levels of concern for all aspects of enterprise digital resilience.
Story image
Digital Transformation
Cybersecurity priorities for digital leaders navigating digital transformation
In recent years, Asia-Pacific has especially been a hotspot for cyberattacks, and as we continue into 2022, it’s evident that the problem is becoming more significant.
Story image
Cloud
QuSecure partners with DataBridge Sites to showcase platform
QuSecure has partnered with DataBridge Sites to showcase its Quantum-as-a-Service (QaaS) orchestration platform, QuProtect.
Story image
Cybersecurity
Greater API usage raises concerns for protection - report
Radware has released its 2022 State of API Security report, which shows a rise in APIs, with 92% of the organisations surveyed significantly or somewhat increasing their usage.
Story image
Ransomware
More than 90% of cyber attacks made possible by human error
The data are clear, with cyberattacks on the rise in recent years and the cybersecurity situation increasingly complex. 
Story image
Cybersecurity
Threat actors ramp up their social engineering attacks
As people get better at identifying potential threats in their inbox, threat actors must evolve their methods. Their new M.O? Social engineering.
Story image
Collaboration
IT and security team collaboration crucial to data security
Many IT and security decision makers are not collaborating as effectively as possible to address growing cyber threats.
Story image
Cybersecurity
New survey uncovers critical OT security challenges
While industrial control environments continue to be a target for cyber criminals, there are widespread gaps in industrial security.
Story image
SaaS
Commvault's SaaS division experiences notable growth
Commvault has revealed the global momentum that its SaaS division Metallic has experienced since its launch two years ago.
Story image
Cloud
SonicWall recognises partners and distributors at FY2022 partner awards
SonicWall has recognised its distributors and partners for their efforts in producing the company’s most successful year to date.
Story image
Cybersecurity
Schneider Electric and Claroty launch building security solution
Schneider Electric has announced the launch of Cybersecurity Solutions for Buildings, a solution designed to help buildings customers secure BMS.
Story image
Wavelink
How Wavelink fosters creativity and careers in the channel
Wavelink is a 100% channel business, with all sales flowing through its authorised reseller partners. It has been a B2B technology distributor for almost 24 years and offers a broad range of software across cybersecurity, mobility, networking, and healthcare.
Story image
Manufacturing
Cyber attacks on industrial assets cost firms millions
Some 89% of electricity, oil & gas, and manufacturing firms have experienced cyber attacks impacting production and energy supply over the past year.
Story image
APAC
Aqua Security launches cloud native security SaaS in APAC
Aqua Security has announced the general availability of cloud native security SaaS in Singapore, serving the broader APAC region.
Story image
DDoS
Q1 DDoS and application attack activity reveals surprise result
The cybersecurity threat landscape in the first quarter of 2022 represented a mixed bag of old enemies and new foes. New actors dominated the DDoS threat landscape while application security faced tried-and-true attack vectors.
Story image
Network Security
Netskope announces zero trust network access updates
Customers can now apply zero trust principles across a range of hybrid work security needs, including SaaS, IaaS, private applications, and endpoint devices.
Story image
Compliance
OCEG survey shows demand for connected GRC systems
The survey also revealed that many organisations lack visibility and connected processes to manage the increased velocity and volume of risks. 
Story image
API
Industry-first comprehensive risk-based API security enhances protection
Application Programming Interfaces (APIs) have become a crucial part of operating web and mobile application businesses and are causing significant economic growth in the digital sector.
Story image
Ransomware
Rapid7 report examines use of double extortion ransomware attacks
New insight into how attackers think when carrying out cyber attacks, along with further analysis of the disclosure layer of double extortion ransomware attacks, has come to light.
Story image
Cybersecurity
Aqua Security, CIS create software supply chain security guide
Aqua Securityand the Center for Internet Security have together released the industry’s first formal guidelines for software supply chain security.
Story image
Collaboration
Why the success of client collaboration projects depends on addressing these five warning signs
New tools, applications, and software have enabled project collaboration to continue remotely, both between employees within an organisation and with its clients.
Story image
INTERPOL
Hundreds arrested, millions seized in global INTERPOL investigation
A two-month-long investigation by INTERPOL this year involved 76 countries and clamped down on organised crime groups behind telecommunications and social engineering scams.
Story image
Tech job moves
Tech job moves - Boomi, Limepay, Thales, VMware & Zoom
We round up all job appointments from June 6-16, 2022, in one place to keep you updated with the latest from across the tech industries.
Story image
Cybersecurity
Malwarebytes expands Nebula platform with DNS module
Malwarebytes has expanded its Nebula platform with a new DNS Filtering module designed to provide a quick, flexible, and comprehensive Zero Trust offering for Nebula users.
Story image
Cybersecurity
Palo Alto Networks named Google Cloud technology partner of the year for security
Palo Alto Networks was recognised for helping organisations rapidly transform security operations for future success.
Story image
Cybersecurity
Significant security concerns resulting from open source software ubiquity
"The risk is real, and the industry must work closely together in order to move away from poor open source or software supply chain security practices."
Story image
SaaS
Varonis strengthens security capabilities for AWS and S3
Varonis has strengthened and expanded its cloud and security capabilities, with a critical aim of improving safety and boosting data visibility in Amazon Simple Storage Service (S3).
Story image
PagerDuty
Ready for anything with the PagerDuty Operations Cloud
In a world of digital everything, teams face increasing complexity. Ever-growing dependencies across systems and processes put customer and employee experience, not to mention revenue, at risk.
Story image
Cybersecurity
Ingram Micro launches vendor-backed security program
Ingram Micro has unveiled a new program intended to give resellers the effective offerings their customers need to stay safe in the evolving threat landscape.
Story image
Dark web
Cybercrime in Aotearoa: How does New Zealand law define it?
‘Cybercrime’ is a term we hear all the time, but what exactly is it, and how does New Zealand define it in legal terms?