Dublin, November 29, 2021 (GLOBE NEWSWIRE) – The report “Industrial Cybersecurity, 2021: Frost Radar Report” was added to ResearchAndMarkets.com to offer.
The need for industrial cybersecurity is the result of two major trends: the increasing connectivity of all assets and digital transformation initiatives.
The convergence of information technology (IT) and operational technology (OT) is good, but there are risks due to the inadequate security framework. Connectivity exposes businesses and infrastructure to attacks that have increased enormously in recent years (the most obvious and recent being the spread of ransomware).
In the early months of the COVID-19 pandemic, industrial cybersecurity providers extended security to employees who needed access to critical infrastructure from anywhere. As employees continue to return to offices / facilities, vendors must maintain the security of equipment that has not been under the company’s security umbrella for nearly a year.
The Biden government has proactively taken initiatives to modernize inadequate systems: for example, the US Department of Energy has launched a 100-day plan to improve cybersecurity in utility industrial control systems to secure the energy sector. Vendors expect new regulations in other industries as well, pointing out that increased awareness and government action represented dramatic changes just 6 months ago.
Vendors used to be either OT-centric (with an emphasis on programmable logic controllers and smart electronic devices) or IT-centric, but now more vendors have adopted an IoT mindset and are differentiating themselves based on their ability to cover both and OT domains / – Environments.
The report shows the market positioning of companies in an industry based on their growth and innovation values, as highlighted in the methodology. The document presents competitive profiles for each of the companies based on their strengths, opportunities and a small discussion about their positioning.
Key topics covered:
Strategic imperative and growth environment
Company to act
Please visit https://www.researchandmarkets.com/r/n9upyc for more information on this report
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