Infrastructure Attacks With Physical Consequences Down 25%
Operational technology (OT) at industrial and critical infrastructure sites seem to have been benefitting from a lull in ransomware, and hackers' relative ignorance of OT systems.
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Operational technology (OT) at industrial and critical infrastructure sites seem to have been benefitting from a lull in ransomware, and hackers' relative ignorance of OT systems.
Dark Reading's Kelly Jackson Higgins interviews Carmine Valente, Deputy CISO at Con Edison, about his role at the New York-based electric utility and the state of IT and OT security. Valente highlights current threats like ransomware and supply chain attacks, as well as the impact of AI on both defense and threats.
Ransomware groups tore into manufacturing other parts of the OT sector in 2023, and a few attacks caused eight- and nine-figure damages. But worse is yet to come in 2024.
Because of the criticality of remaining operational, industrial companies and utilities are far more likely to pay, attracting even more threat groups and a focus on OT systems.