HomeRisk ManagementsCybersecurity and Operational Technology Threat Predictions for 2024 – Source: securelist.com

Cybersecurity and Operational Technology Threat Predictions for 2024 – Source: securelist.com

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Cybersecurity and Operational Technology Threat Predictions for 2024 – Source: securelist.com

Industrial Cybersecurity Threats Expected to Persist in 2024

A recent report from securelist.com authored by Evgeny Goncharov of Kaspersky Security Bulletin suggests that the industrial cyberthreat landscape is not expected to undergo rapid changes in 2024. The report highlights several ongoing trends that have been observed for several years, but warns that these trends have reached a critical mass of creeping changes, which could lead to a qualitative shift in the cybersecurity landscape for industrial control systems (ICS) and operational technology (OT) environments.

One of the key trends highlighted in the report is the continued threat of targeted attacks on critical infrastructure. According to the report, threat actors are increasingly targeting critical infrastructure, including energy, transportation, and manufacturing sectors. These attacks are often aimed at disrupting operations, causing physical damage, or stealing sensitive information. The report warns that as more critical infrastructure systems become interconnected and dependent on digital technologies, the potential impact of such attacks is likely to increase.

Another concerning trend identified in the report is the growing sophistication of ransomware attacks targeting industrial environments. Ransomware attacks, which involve the encryption of critical systems and data followed by a demand for payment in exchange for decryption keys, have become increasingly common in recent years. The report warns that threat actors are now developing and deploying ransomware specifically designed to target industrial control systems and operational technology. These attacks have the potential to disrupt essential services and cause significant financial and reputational damage to organizations.

Additionally, the report highlights the ongoing challenge of securing legacy industrial control systems. Many industrial environments continue to rely on outdated and unsupported technology, which may be vulnerable to cyberattacks. As these systems are often critical to the functioning of essential services, such as power generation and distribution, the report emphasizes the need for organizations to invest in upgrading and securing their legacy systems to mitigate the risk of cyberattacks.

Furthermore, the report underlines the increasing convergence of IT and OT environments as a potential cybersecurity risk. As operational technology becomes more interconnected with traditional information technology systems, the attack surface for cyberthreats expands, creating new vulnerabilities for threat actors to exploit. The report urges organizations to prioritize the implementation of robust cybersecurity measures that address the unique challenges posed by the convergence of IT and OT environments.

In conclusion, the report from securelist.com paints a sobering picture of the industrial cybersecurity landscape for 2024, highlighting the persistent threat of targeted attacks on critical infrastructure, the growing sophistication of ransomware attacks, the challenge of securing legacy industrial control systems, and the increasing convergence of IT and OT environments. As organizations continue to digitize and interconnect their industrial systems, the need for proactive cybersecurity measures has never been more critical. The report serves as a stark reminder of the importance of staying vigilant and continuously adapting cybersecurity strategies to defend against evolving cyber threats in industrial environments.

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