"Organizations Struggle to Manage OT Security Risks"

According to a new survey conducted by OTORIO and ServiceNow, 58 percent of organizations consider their Operational Technology (OT) cybersecurity risk as high or critical. However, according to the survey of 200 Information Technology (IT) and OT leaders, only 47 percent of companies have an OT cybersecurity solution, and 81 percent of companies still manage their OT risks manually instead of using an automated solution. The survey also reveals that critical infrastructure organizations and manufacturers lack the resources necessary to comply with new, stringent regulations. Ninety-three percent of respondents reported experiencing a moderate or significant increase in regulations and standards that impacted them in the past 12 months. Therefore, 78 percent of stakeholders intend to increase their OT cybersecurity spending by an average of 29 percent. This article continues to discuss key findings from the report on the state of industrial OT cybersecurity. 

BetaNews reports "Organizations Struggle to Manage OT Security Risks"