Amid rising cyber threats, industrial firms are deploying security strategy around IIoT: Frost & Sullivan

PRNewswire: The attacks on industrial systems and the industrial controls systems (ICS) architecture could range from physical impact, such as damage to the infrastructure, production downtime, loss of revenue, and hefty fines, to more severe consequences, such as injuries and even loss of life. In order to address the growing sophistication of attacks, vendors are offering security solutions across the Industrial Internet of Things (IIoT) architecture and not just for information/operational technology (IT/OT) networks. “Industrial firms prefer to deploy security solutions that have security embedded in the design stage, which ensures higher protection,” said Divya Prasad, Senior Industry Analyst, Digital Transformation, Asia-Pacific at Frost & Sullivan. “Cybersecurity firms are focusing on delivering ‘Security by Design’ by incorporating features such as password protection, multifactor authentication, and other strong security functions,” she noted.