Regardless of the size of an organization, every entity relying on Operational Technology (OT) for any part of its operations should have a robust OT Cyber Security Program. This necessity is driven by several factors:
Organizations often fail to recognize the full extent of their OT risk exposure, which can range from:
OT Cyber Security Programs are dynamic and evolve based on initial exploration and ongoing analysis of:
By establishing a well-structured OT Cyber Security Program, organizations can proactively manage their OT risk exposure, safeguard critical assets, and ensure the resilience and security of their operations.
OT Cyber Security Programs have become a top priority for executive teams due to their critical role in achieving several key objectives:
To achieve these objectives, executive boards often look for OT Cyber Security Programs to:
A well-defined OT Cyber Security Program ensures the right balance of security controls and provides sufficient investment to deploy and sustain them. This must be executed within the specified time and budget to achieve tangible performance and return-on-security-investment metrics.
The service offering is tailored to your organization’s specific needs and typically includes:
Conclusion
The deliverables of an OT Cyber Security Program are designed to establish a comprehensive security framework that protects critical infrastructure from cyber threats while ensuring system and process availability, reliability, and safety. This service is tailored to meet your organization’s specific needs—get in touch to discuss further.
One significant difference between OT cybersecurity programs and their IT cybersecurity counterparts is that OT security programs have a cross-organisational impact. OT security programs often include stakeholders from across the organisation all of whom will want to have some say in the program guidelines, goals, and structure.
OT Security Programs are formed upon the bedrock of a People – Process – Technology approach that balances an organisation’s overall risk against mitigating control requirements, business strategies or future plans, current business needs, and investment capital available for security purchases. From an organisational perspective, the creation of a clearly defined OT security program is critical to ensuring the right balance of selected and defined security controls, while also providing sufficient investment to deploy and sustain them.
A cyber security program is a set of activities, security policies, and security controls that are designed to prevent a successful cyber attack against an organisation and recover from them quickly and completely.
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OT Cyber Security Program performance can be managed but only if measured. Companies that have agreed-upon security performance metrics are more likely to manage security effectively.
Cyber security performance management is the process of evaluating your cybersecurity program’s maturity based on risks and the associated level of investment (people, process, and technology) needed to improve your security to meet regulatory requirements and business outcomes. The metrics should tell a story about your security program: how prepared you are for an attack, the attacks that have been discovered and resolved, the vulnerabilities that made those incidents possible, and steps being taken to close the holes in the security program.
In a nutshell – cybercrime is becoming increasingly prevalent, persistent, and costly.
The consequences of cyber-attacks in OT environments include production downtime, safety and environmental impacts, tarnished brand reputation, and potentially large regulatory fines or lawsuits.
Return on Investment (ROI) is an important metric used by decision makers to calculate the value of an investment. It’s difficult to calculate the return on a security investment because they generally generate no positive return.
However, considering the veracity of today’s cyber-threat environment, businesses that implement cyber security programs are likely to benefit from costs prevented. So, instead of a traditional ROI calculation, the Return on Security Investment (ROSI) equation should be used, which incorporates the savings of security events avoided.
ROSI = (Security expense avoided – prevention cost) / prevention cost
By realistically calculating the benefit of avoided costs, investment in a cyber security program can be more clearly justified and an organisation can reap the rewards of being prepared to weather the storm of a cyber breach.
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