An Industrial Control System (ICS) is a generic term used to describe the integration of hardware and software into a network connection to support critical infrastructure. Industrial control systems are mainly used in distributed industries such as electricity, water, oil, gas and communications. Several intelligent security solutions enable vendors to consolidate, collect and analyze networks through Scenario Control and Data Acquisition (SCADA) networks and data generated from grids.
The increase in cyber attacks and network security threats is a major driver of growth in the global industrial control system security market. In addition, significant investments in smart technology and government support for ICS security are some of the factors driving the growth of the global industrial control system security market during the forecast period.
However, the high cost and presence of legacy ICS, which is more vulnerable to cyber attacks, hinders the growth of the global industrial control system security market during the forecast period. Data confidentiality and scalability are also some of the factors that inhibit the growth of the global industrial control system security market during the forecast period.
The global industrial control system security market has been categorized by solution, service, security type, industry sector and region.
Email fraud is nothing new, but online criminals have become ever more-effective at spoofing their identities to trick employees into sending them money. The Australian Centre for Cyber Security (ACSC) recorded losses of over $20M to business email compromise (BEC) attacks last year alone, up 230 percent over the previous year – and the full amount is certain to be much larger.
Cybersecurity Insights - Attack
No matter how robust your security, or how diligent your employees, network credentials are a free pass for cybercriminals. This is mostly because employees are relied upon for their own password management. And with more than 4.8 billion sets of stolen credentials said to be available online, odds are that at least a few of your employees’ user IDs and passwords are just waiting to be used by unscrupulous outsiders. Are you ready to stop them?
Cybersecurity Insights - People
Cyber resilience will be particularly important as Australian organisations face increased pressure to quickly detect, respond to, and manage the repercussions of breaches in the wake of 2018’s Notifiable Data Breaches (NDB) scheme.