2018 Industrial Cybersecurity Predictions

2018 Industrial Cybersecurity Predictions

Leo Simonovich VP and Global Head, Industrial Cyber and Digital Security Siemens Energy

 

2017 saw the biggest ransomware attack ever when ‘WannaCry’ hit more than 200,000 victims in 150 countries. The UK’s National Health Service (NHS) was severely affected, including 40 hospital trusts. Operations & appointments were cancelled and ambulances diverted. Hackers demanded payment to restore access to vital medical records. Other big names infected by this cyber attack include the Spanish telecom giant Telefonica and FedEx. The power sector did not escape damage, with WannaCry attacking computers at the West Bengal power distribution company in India. Officials from West Bengal State Electricity Distribution Company (WBSEDCL) detected the malicious software (malware) at four of its offices.

Will 2018 be the year the world finally took notice of the increasingly frequent and sophisticated industrial cyber threat? Will global companies – from the energy, manufacturing and other industrial sectors – now take all necessary measures to prevent the next attack? Let’s hope so. But before we become too optimistic, we need to see clear signs of leadership and commitment by global companies to protect their critical infrastructure, and their businesses. The signs are there, but I hope this is the year we will see more.

 

Read the predictions on the ISSSource.com web site at http://www.isssource.com/cybersecurity-outlook-for-a-new-year/

 

Published On: January 22nd, 2018