Operational Technology: Industrial Digital Transformation Continues to Outpace Investment in Cybersecurity
Investment in OT Cybersecurity has grown significantly over the last decade, resulting in leading asset owners significantly improving their cybersecurity posture. Nevertheless, more is required to balance the benefits of digitalisation with the cyber risk. Westlands Advisory’s research into trends impacting cybersecurity posture concludes that growing digitalisation and security incidents are not currently being matched by investment in cybersecurity. Furthermore, the research highlights that regulation to 2023 has had a low impact on improving the OT cybersecurity posture across most process and manufacturing industries.