Honeywell has
released a new study showing industrial companies are not moving quickly to
adopt cyber security measures to protect their data and operations, even as
attacks have increased around the globe.
The survey – Putting
Industrial Cyber Security at the Top of the CEO Agenda – was conducted by LNS Research and
sponsored by Honeywell. It polled 130 strategic decision makers from industrial
companies about their approach to the Industrial Internet of Things (IIoT), and
their use of industrial cyber security technologies and practices. Among the
findings were:
· More than half of respondents reported working
in an industrial facility that already has had a cyber-security breach.
· 45% of the responding companies still do not
have an accountable enterprise leader for cyber security.
· Only 37% are monitoring for suspicious
behavior.
· Although many companies are conducting regular
risk assessments, 20% are not doing them at all.
“Decision makers are more aware of threats and some progress has
been made to address them, but this report reinforces that cyber security
fundamentals haven’t been adopted by a significant portion of the industrial
community,” said Jeff Zindel, vice president and general manager, Honeywell
Industrial Cyber Security. “In order to take advantage of the tremendous
benefits of industrial digital transformation and IIoT, companies must improve
their cyber security defenses and adapt to the heightened threat landscape
now.”
The study suggests these three immediate actions for any
industrial organization to capture the value of the new technologies:
1. Making industrial cyber security part of digital
transformation strategies;
2. Driving best practice adoption across people,
processes and technology, from access controls to risk monitoring, and tap
external cyber expertise to fill gaps
3. Focusing on empowering leaders and building an
organizational structure that breaks down the silos between IT and OT.
“Cyber security needs to be part of every CEO’s agenda to ensure
the effective, immediate and long-term deployment of strategies and
technologies such as IIoT,” said Matthew Littlefield, president and principal
analyst, LNS Research. “In short, in order for a business to succeed on its
digital transformation journey, it needs to succeed with industrial cyber
security.”
LNS Research is a global leader in research and advisory for
digital transformation of industry, delivering technology insights for business
executives. Its analysts focus on identifying the metrics, leadership, business
process, and technology capabilities effecting change.
Honeywell’s industrial cyber security technologies and expertise address many
of the issues identified in the LNS
Research study.
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