Business Daily Media

The Times Real Estate

.

IT-OT Security Convergence Key to Optimizing Risk Management

Latest report reveals major visibility gaps in operational technology detection and response

HONG KONG SAR - Media OutReach - 29 June 2023 - Trend Micro (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced a new study revealing that enterprise Security Operation Centers (SOCs) are expanding their capabilities to the OT domain, but major visibility and skills-related challenges are causing roadblocks.

To read a full copy of the SANS Institute report, Breaking IT/OT Silos With ICS/OT Visibility, please visit: https://resources.trendmicro.com/SANS-ICS-OT-Visibility-Survey.html

Bill Malik, vice president of infrastructure strategies at Trend Micro, "IT-OT convergence is already driving digital transformation for many industrial organizations, but to effectively manage risk in these environments, IT and OT security operations (SecOps) must also converge. OT security programs may be lagging, but there's a fantastic opportunity to close the visibility and skills gap by consolidating onto a single SecOps platform like Trend Vision One."

The study finds that half of the organizations now have an enterprise SOC that includes some level of ICS/OT visibility. However, even where respondents have a more "expansive" SOC, only half (53%) of their OT environments provided data for detection purposes.

This shortfall is also implicit in another finding: cyber event detection (63%) is the top capability that respondents want to integrate between IT and OT silos, followed by asset inventory (57%) and identity and access management (57%). Being able to detect events across IT and OT environments is the most critical to identifying root causes and preempting future threats that could potentially disrupt operations.

The report highlights endpoint detection and response (EDR) and internal network security monitoring (NSM) as crucial tools to help provide that root cause data. However, deployment of EDR on engineering and operator assets stands at less than a third (30%) of responding organizations.

NSM is rarely (
Aside from visibility gaps, the study reveals major people and process challenges to expanding SecOps across IT and ICS/OT environments. Four out of the five top barriers highlighted by respondents are related to staff:

  • Training IT staff in OT security (54%)
  • Communication silos between relevant departments (39%)
  • Hiring and retaining staff who understand cybersecurity (38%)
  • Training OT staff in IT (38%)
  • Insufficient risk visibility across IT and OT domains (38%)

Legacy technology is also cited as a top challenge for expanding OT SecOps visibility.

The limitations of legacy devices and networks (45%) and IT technologies not designed for OT environments (37%) are named among the top three challenges here, alongside a lack of OT knowledge among IT staff (40%).

Going forward, respondents are doubling down on efforts to converge IT-OT SecOps and drive greater visibility into OT threats.

Two-thirds (67%) plan to expand their SOC, and for those who have already deployed EDR, 76% are planning to expand these deployments in ICS/OT over the coming 24 months. Additionally, 70% of those who have already added NSM capabilities plan to expand these deployments in the same time frame.

*Trend Micro commissioned the SANS Institute to interview 350 SANS community members who are ICS/OT professionals working in critical infrastructure sectors across the US, Europe, and Asia.

Hashtag: #TrendMicro



The issuer is solely responsible for the content of this announcement.

Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,500 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world.

News from Asia

Top 25 Best Places to Work in Europe for 2024 revealed

LONDON, UNITED KINGDOM - Media OutReach Newswire - 7 January 2025 - The Best Places to Work organization is proud to announce the Top 25 Best Places to Work in Europe for 2024, recognizing the mos...

Embrace New Year with Good Luck at Galaxy Macau

A Ultimate Destination for Festive Activities to Ring in a Joyful and Prosperous Year with Family and Friends MACAU SAR - Media OutReach Newswire – 7 January 2025 - As the twelfth lunar month arri...

Ye Xiu Joins Global Fans in Singapore to Ring in New Year's Eve, Yuewen Music Festival Pioneers Novel IP Experiences and Scenarios

SINGAPORE - Media OutReach Newswire - 7 January 2025 - As the clock ticked down the last few hours of 2024, Sentosa Beach in Singapore came alive with excitement. When the voice of Ye Xiu, the be...

Renewal of Dossen Miao Club: Qingmao's Adorable Jouney Across Four Cities

GUANGZHOU, CHINA - EQS Newswire - 8 January 2025 - On December 27, 2024, Dossen Hotel Group officially rebranded its member loyalty program, "Dossen Club," as "Miao Club," with its popular mascot Q...

Chemill Pharma Launches SnoozZ (Melatonin 5 mg & Chamomile 35 mg)

A Clinically-Proven Solution for Better Sleep Amid Rising Insomnia Rates in Hong Kong HONG KONG SAR - Media OutReach Newswire - 8 January 2025 - Chemill Pharma Ltd., an innovative health technolog...

Prince Foundation Partners Again with NTU PEAK ASEAN Program to Address Development Challenges

PHNOM PENH, CAMBODIA - Media OutReach Newswire - 8 January 2025 - Prince Foundation welcomed 10 Nanyang Technological University (NTU) students from Singapore for a three-week program focused on e...

Smart Hospitals: Redefining Global Healthcare with Digital Innovation

NCKUH embraces digitization, revolutionizing patient care through technology TAIPEI, TAIWAN - Media OutReach Newswire - 8 January 2025 - Smart hospitals are at the forefront of a global transforma...

Divineway Fengshui Announces the Launch of Master Louis Cheung’s Book on Taoist Divine Magic

SINGAPORE - Media OutReach Newswire - 8 January 2025 - Divineway Fengshui announces the release of Master Louis Cheung's new book, An Introduction to Liu Ren Divine Magic. The book aims to provide...

Grab Partners London School of Business & Finance to Offer Tertiary Education Programmes for Platform Workers and their loved ones

3 in 5 Grab partners are keen to pursue a Diploma or Degree Grab partners and their loved ones benefit from exclusive admission requirements, and enjoy additional perks including ...

KPMG and SID Unveil Budget 2025 Recommendations to Build a Ready, Refreshed, and Resilient Singapore, Driving Value Creation and Global Leadership

Foster Environmental, Social and Governance (ESG) adoption by Singapore enterprises through national frameworks, grants, and a hub to align with global sustainability standards...

UBH Group Pioneers Australia's Path to Nuclear Sovereignty

Sovereign technology company, UBH Group, has achieved a landmark milestone as the first organisation in the Southern Hemisphere to secure ISO 1944...

The unsung heroes: How MSPs can safeguard SMBs while boosting profitability

In Australia, small-to-medium-sized businesses (SMBs) form the backbone of the economy, accounting for 95% of all businesses. Yet, they remain pri...

Businesses grapple with wage compliance as new laws take effect

Australian businesses are navigating a landscape of rising compliance complexity as new wage theft laws under The Closing Loopholes Acts take hold...

Aerologix Partners with Soar to Create World’s Largest Digital Atlas

Australian drone technology pioneer Aerologix today announced a strategic partnership with digital mapping platform Soar to create what is set to ...

Five signs that AI is growing faster than the internet did

What do Aussie businesses need to do to keep up? There has been mounting chatter that AI is growing even faster than the rapid acceleration we sa...

Protecting Your Small Business from Cyber Threats This Holiday Season

The holiday season brings a surge of online activity for small and medium businesses (SMBs), with increased sales and customer inquiries offering ...

Sell by LayBy