What's new arround internet
| Src | Date (GMT) | Titre | Description | Tags | Stories | Notes |
 |
2022-08-09 10:00:00 | Are SASE and Zero Trust the key for manufacturers grappling with IoT cyber risks? (lien direct) | As manufacturers dash headlong into smart factory initiatives, the number of IoT devices operating in factories, warehouses, and across supply chain infrastructure is exploding. Manufacturers seek to utilize IoT in a range of places, be it video camera inspection devices on the assembly line, temperature sensors on refrigeration units, or maintenance telemetry sensors on factory equipment. But as they seek to reap tremendous business gains from smart devices in industrial IoT, they also must balance that upside with the potential risks that IoT is increasingly introducing to manufacturing environments. New cyber challenges are arising in the face of this explosion of IoT in manufacturing. They require organizations in this sector to design modern security architecture that can meet them head on. Smart manufacturing and the rise in IoT Consensus across recent industry studies shows that manufacturers are making big bets on smart manufacturing and IoT as the lynchpins to their success in the coming years. According to Deloitte’s 2022 Manufacturing Industry Outlook, some 45% of manufacturing executives expect increases in operational efficiency from investments in IoT that connects machines and automates processes. Meantime, the State of Smart Manufacturing report published in 2022 by Plex found that 83% of manufacturers say that smart manufacturing is a key to their organization’s future success. Smart devices and IIoT are among the most used projects to bring smart manufacturing to fruition. Some 49% of organizations have already deployed smart devices and 45% have put IIoT into production, with another 35% and 36%, respectively, planning to use these technologies. This is rapidly pushing a lot of manufacturing compute out to the edge. AT&T’s own recent analysis for the AT&T Cybersecurity Insights Report: Securing the Edge-A Focus on Manufacturing study found that the manufacturing vertical is one of the furthest along in implementing edge use cases. The report reveals that 78% of manufacturers globally are planning, have partially, or have fully implemented an edge use case - that’s ahead of energy, finance, and healthcare industry organizations. This kind of progress noted by the report is in sync with other industry studies watching the progress of digital transformation in manufacturing. For example, a study by Palo Alto Networks says the demand for secure remote access in manufacturing is rapidly outstripping other industries. Amid many cited edge use cases such as smart warehousing, remote operations, and augmented maintenance, video-based inspection was the number one edge priority cited by manufacturing respondents to the AT&T Cybersecurity Insights Report . This is a prime example of how IoT is being leveraged to improve efficiency, quality and speed on factory floor, while helping manufacturers also overcome workforce challenges. Unpatchable IoT devices raises manufacturing risk profile Video-based inspection also provides an excellent example of how IoT devices can at the same time potentially increase cyber risk in manufacturing environments. In use cases like this one, IoT devices such as cameras are increasingly connected to OT networks and devices on the manufacturing shop floor. Simultaneously, they’re also opening up access outside th | Threat Studies Patching Guideline | Deloitte | |
|
2019-09-23 13:00:00 | How to justify your cybersecurity budget in 2019 (lien direct) |
It’s less expensive to prevent cyber attacks than it is to repair the damage when they happen. Companies and institutions across industries lose money from cyber attacks all the time. There are the more obvious ways like piracy, data breaches, and litigation. There are also ways that accountants can’t quite put a dollar figure on, such as reputational damage that makes customers and clientele less likely to want to buy a company’s products and services in the future.
Everything is digital these days, both on premises and in the cloud. So cybersecurity staff and security measures are things you have to spend money on. But how should your company determine how much money to budget for security? And how should your company determine how to spend it?
Photo by Fabian Blank on Unsplash
What is a typical cybersecurity budget?
While there is no one-size-fits-all answer when trying to decide what a “typical budget” looks like for cybersecurity operations, there are a few studies that have been done that can provide some insight.
A recent study by Deloitte and the Financial Services Information Sharing and Analysis Center found that financial services on average spend 10% of their IT budgets on cybersecurity. That’s approximately 0.2% to 0.9% of company revenue or $1,300 to $3,000 spent per full time employee. For a bigger picture benchmark, consider that Microsoft CEO Satya Nadella recently revealed in a statement that the tech behemoth “will invest more than $1 billion each year in cybersecurity for the foreseeable future”. Finally, it’s worth noting that the 2019 U.S. President’s budget allocated $15 billion in spending on cybersecurity, about 0.3% of the entire fiscal budget ($4.746 trillion).
And while none of these figures can clarify what a “typical” budget should look like for the average business or organization, they can at least provide a benchmark for how larger tech firms, financial service companies and governments are allocating cybersecurity spend as a percentage of overall budget.
Considerations for your cybersecurity budget
There are so many different variables and factors involved when it comes to determining your cybersecurity budget. I’ll offer you some tips which can be used as a starting point to help your company decide.
I asked Kate Brew, from AT&T Cybersecurity, to send a tweet to get views from various industry decision makers. The question was “Cybersecurity budgets come in many sizes. How does your company determine yours?” Here are some responses, which should illustrate what typical cybersecurity budgets are. Some of the responses were a bit tongue-in-cheek:
“They keep me far away from budget/financial decisions at my company but I’d like to think a d20 is involved somehow...” (I love Dungeons and Dragons references!)
“Yeah. They most often range in size from ‘miniscule,’ to ‘barely visible to the unaided eye.’”
“Pick a number and subtract that number from itself. That& |
Threat Studies | Deloitte |
1
We have: 2 articles.
We have: 2 articles.
To see everything:
Our RSS (filtrered)
