Industrial Cybersecurity - Managing Your Business Risk

Presented by

Nigel Stanley, CTO - TUV; Anthony Dickinson, Chief Revenue Office - 2MC; Dev O’Nion, EMEA Commercial Director - 2MC

About this talk

Today, operational technology (OT) and industrial systems are an important element of modern life. From product manufacturing through to oil, gas and transport networks computer-controlled processes and operations reduce costs and improve productivity. Managing these assets to ensure better availability and output is a tough challenge, and balancing this with changing business requirements, governance, risk and compliance (GRC) issues makes it even harder. Unfortunately, these systems are now facing another challenge – the increasing threat from hackers, hacktivists and nation-states. Safety critical controls are also being targeted, and if these are compromised serious damage and injuries could be the end result. Although there is an ever-growing threat of cybersecurity events and incidents impacting OT systems many organisations have not yet run a comprehensive risk assessment for these systems. In fact, in a survey conducted by TUV Rheinland in 2019, 74% of respondents had either never conducted a cybersecurity risk review of their OT systems or were unaware if such a risk review had been completed. During this panel-based webinar, experts from TUV Rheinland and 2MC will discuss in detail: - How the role of GRC has a significant part to play in many OT deployments - By coupling real-time monitoring with a risk-based mindset, underpinned by a governance, risk and compliance approach, an operator of OT equipment can embrace cybersecurity challenges - How crucial risk assessments need not be overly time consuming or complex - How production assets can be safely utilised in response to ever-changing business demands

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