Cost of Extreme Cybersecurity Attack on OT Greater Than $300 Billion

The Critical Matter of OT Cybersecurity – The global financial impact from catastrophic cyber events targeting Operational Technology (OT) could hit $329.5 billion. This, according to a new report from industrial cybersecurity firm Dragos and Marsh McLennan’s Cyber Risk Intelligence Center. In the worst modeled scenario, business interruptions alone would account for more than $172 … Read more

GAO Report: Coast Guard Must Strengthen Maritime Cybersecurity

The U.S. Government Accountability Office (GAO) has released a report urging the Coast Guard to enhance its oversight of the Maritime Transportation System (MTS) to address shortcomings in maritime cybersecurity. The report, titled “Coast Guard: Additional Efforts Needed to Address Cybersecurity Risks to the Maritime Transportation System,” identifies critical vulnerabilities, gaps in oversight, and deficiencies … Read more

92% of Industrial Sites Face Cybersecurity Risks from Remote Access, DeNexus Study Finds

A new study by DeNexus has revealed that a startling 92% of industrial sites worldwide are at risk from unsecured remote access systems, exposing them to potential losses as high as $1.5 million per location. The research into Industrial cybersecurity risks looked at 254 industrial facilities. Covering North America, Europe, and Australia, underscoring the vulnerability … Read more

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