Tripwire study: 96% of IT security professionals expect an increase in cybersecurity attacks on Industrial Internet of Things
Source: ME NewsWire , Author: Posted by BI-ME staff
Posted: Wed March 15, 2017 1:22 pm

UAE. (BUSINESS WIRE/ ME NewsWire)-- Tripwire, Inc., a leading global provider of security and compliance solutions for enterprises and industrial organizations, today announced the results of a study conducted in partnership with Dimensional Research.

The study looked at the rise of Industrial Internet of Things (IIoT) deployment in organizations, and to what extent it is expected to cause security problems in 2017.

IIoT are the connected devices in critical infrastructure segments such as energy, utilities, government, healthcare and finance.

Tripwire’s study revealed that:
- Ninety-six percent of those surveyed expect to see an increase in security attacks on IIoT in 2017.
- Fifty-one percent said they do not feel prepared for security attacks that abuse, exploit or maliciously leverage insecure IIoT devices.
- Sixty-four percent said they already recognize the need to protect against IIoT attacks, as they continue to gain popularity among hackers.

“Industry professionals know that the Industrial Internet of Things security is a problem today. More than half of the respondents said they don’t feel prepared to detect and stop cyber attacks against IIoT,” said David Meltzer, chief technology officer at Tripwire.

“There are only two ways this scenario plays out: Either we change our level of preparation or we experience the realization of these risks. The reality is that cyber attacks in the industrial space can have significant consequences in terms of safety and the availability of critical operations.”

“As Industrial companies pursue IIoT, it’s important to understand the new threats that can impact critical operations. Greater connectivity with operational technology (OT) exposes operational teams to the types of attacks that IT teams are used to seeing, but with even higher stakes,” said Robert Westervelt, security research manager at IDC.

 “The concern for a cyber attack is no longer focused on loss of data, but safety and availability. Consider an energy utility as an example - cyber attacks could disrupt power supply for communities and potentially have impact to life and safety.”

The study’s respondents were also asked how they expect their organizations’ deployment of IIoT devices to change, and how it will affect their level of vulnerability.

Tripwire found that:
- Ninety percent expect IIoT deployment to increase.
- Ninety-four percent expect IIoT to increase risk and vulnerability in their organizations.
- When respondents were broken down by company size, both larger companies (96 percent) and smaller companies (93 percent) expect a significant increase in risk caused by the use of IIoT.

Meltzer continued: “The Industrial Internet of Things ultimately delivers value to organizations, and that’s why we’re seeing an increase in deployments. Security can’t be an industry of ‘no’ in the face of innovation, and businesses can’t be effective without addressing risks. The apparent contradiction of known risks and continued deployment demonstrates that security and operations need to coordinate on these issues. While IIoT may bring new challenges and risks, the fundamentals of security still apply. Organizations don’t need to find new security controls, rather they need to figure out how to apply security best practices in new environments.”

Notes:
This study was commissioned by Tripwire and carried out by Dimensional Research in January 2017. A total of 403 qualified participants completed the survey. All participants had responsibility for IT security as a significant part of their job and worked at companies with more than 1,000 employees. Survey respondents were based in the United States (278), the United Kingdom (44), Canada (28) and Europe (53).

About Tripwire
Tripwire is a leading provider of security, compliance and IT operations solutions for enterprises, industrial organizations, service providers and government agencies. Tripwire solutions are based on high-fidelity asset visibility and deep endpoint intelligence combined with business context; together these solutions integrate and automate security and IT operations. Tripwire’s portfolio of enterprise-class solutions includes configuration and policy management, file integrity monitoring, vulnerability management, log management, and reporting and analytics.

Learn more at www.tripwire.com, get security news, trends and insights at tripwire.com/blog or follow us on Twitter @TripwireInc.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 27, 2017
UAE. As demand for the luxury segment signals a comeback, developers have responded by scaling up launches; general consensus that the segment has underperformed appears to be factual.
date:Posted: May 27, 2017
UAE. Released at marquee industry event IoT World Forum, the survey data also reveals keys to IoT success; IDC predicts that the worldwide installed base of Internet of Things (IoT) endpoints will grow from 14.9 billion at the end of 2016 to more than 82 billion in 20251.
date:Posted: May 25, 2017
UAE. Over 25% of successors think they will lose market share to new entrants; Quicker than ever, the past is being left behind - a tendency that in the perception of many goes against the tradition of family-owned businesses.
UAE. Released at marquee industry event IoT World Forum, the survey data also reveals keys to IoT success; IDC predicts that the worldwide installed base of Internet of Things (IoT) endpoints will grow from 14.9 billion at the end of 2016 to more than 82 billion in 20251.
dhgate