Industrial Firms Cite Growing Complexity and Frequency of IT Security Attacks

Twenty-eight percent of firms in the industrial sector said they were hit by an IT security attack in 2017, according to a new research report, which also revealed challenges in recovery and response times. The “2017 IT Security Risks Survey,” which included close to 1,000 industrial firms out of the total sample of about 5,000, was conducted by market research firm B2B International and antivirus provider Kaspersky Lab.

IT Security Attacks Take Aim at Industrial Firms

The report revealed that almost 50 percent of businesses lack insights into how they are being targeted by cybercriminals. Discovering potential threats can take anywhere from days to weeks in some cases, and 62 percent said they need more advanced applications to mitigate the risks they face.

While many organizations cited internal errors or rogue employees as a problem, SecurityWeek pointed out that the number of industrial firms that blamed their own people for security gaps was 6 percent higher than any other sector. This may be particularly challenging for organizations that rely heavily on automation, since a few wrong moves by staff members could create huge opportunities for cybercriminals.

Threat actors aren’t making it easy for industrial firms to safeguard their data, either. According to Beta News, whereas organizations in other sectors may be dealing with phishing schemes and malware incidents, 87 percent of industrial companies said the IT security issues they’re dealing with are difficult to figure out. In fact, 48 percent said they lack the analytics necessary to understand how they’re being targeted, let alone how to close off any vulnerabilities.

Industrial Sector on Notice

Infosecurity Magazine noted that industrial firms can be particularly difficult environments to protect. After all, power plants and similar organizations may be spread out between administrative offices, factory floors and heavy equipment that operates in the field. As a result, and given the essential services they provide, these systems are highly lucrative targets for cybercriminals.

Shane Schick

Writer & Editor

Shane Schick is a writer, editor and speaker who focuses on how information technology creates business value. He lives...