Contact us anytime to know more — Kuldeep K., Founder & CEO CISIN
These attacks show how Safety and security are interconnected in industrial production. The future is here. Here's how manufacturers can achieve improved asset utilization, quicker time to market, and lower overall cost of ownership.
Nevertheless, increased connectivity can increase safety risks and security risks. Better enterprise risk management can help.
Cybersecurity is essential because it protects data of all types from damage and theft. It includes sensitive data such as personally identifiable information (PII), health information protected by HIPAA, personal information, intellectual properties, data, and government and industry information systems.
Your organization will be unable to defend itself from data breach campaigns without a cybersecurity program. This makes your company an easy target for cyber risk.
Global connectivity and the use of cloud services like Amazon Web Services to store sensitive information and personal data are driving both inherent and residual risks.
Cloud services are often poorly configured, and cybercriminals are becoming more sophisticated. This increases the likelihood that your company will suffer a successful data breach or cyber-attack.
Integrating safety efforts and application security efforts Safety has traditionally been seen as a separate entity.
However, there are similarities in the methods used to assess and reduce risks. Safety and security share the same concept, for example, "access control ."Both safety and security policies and procedures are based on industry standards, business practices, and risk management methods.
To reduce the risk of safety incidents based on email security models, manufacturers and industrial operators must rethink their safety policies. Start thinking about Safety and security practices as a relationship.
As an example:
- Cyber attackers hacked an oil pipeline, causing a spillage of 30,000 barrels and shutting down the alarm system. They also cut off communication and increased the pressure on the crude oil line.
- A regional water provider experienced a cyber breach that not only compromised the customer's data but also caused unaccounted-for valve and duct movement. This included the manipulation of programmable logic controllers (PLCs), which managed water treatment and public security.
The relationship has the greatest impact in three areas:
Behaviour
Security personnel should make safety systems an important part of everything they do. This includes protecting intellectual property, processes, and physical assets.
It is now more important than ever to increase collaboration between the environmental, health, and security (EHS), operations, and IT teams. All three teams must work together to identify the critical safety data requirements for plant floor systems and develop co-managed Safety and security objectives.
A strong safety culture requires that every employee understands the relationship between Safety and security.
Procedure
To ensure compliance, security measures must be taken comprehensively. The IEC 62443 (Security for Industrial Automation and Control Systems) standard series, formerly ISA99, and other standards recommend defense in depth.
Technology
All safety technologies must have security features built in. Security technologies should be used to protect against safety system breaches and allow for rapid recovery in the event of a breach.
What is Cybersecurity?
Cyber attacks pose a growing and evolving threat to sensitive data as hackers use new techniques powered by artificial intelligence and social engineering to bypass traditional data security controls.
It is a fact that the world relies more and more on technology. This reliance will only increase as we introduce new technologies, such as Bluetooth and Wi-Fi, which will be able to access our connected devices.
Intelligent cloud security solutions and strong password policies, such as multi-factor authentication, are necessary to protect customer data while adopting new technology.
Cybersecurity measures, also known as IT security, are designed to combat threats that come from within or outside an organization.
These costs can be exacerbated by the complexity of security systems, which is created by disparate technology and a lack of in-house expertise. Organizations with a comprehensive cyber strategy that is governed by best practices and automated through advanced analytics, AI, and machine learning can combat cyber threats and reduce the impact and life cycle of breaches.
The Importance of Cybersecurity
Cybersecurity is becoming more important. Our society relies on technology more than ever, and this trend is not slowing down.
Social media accounts now post data leaks which could lead to identity theft. Cloud storage services such as Dropbox and Google Drive store sensitive information, including social security numbers, bank account information, credit card details, and other financial information.
You rely on computers every day, whether you're an individual, a small business, or a large multinational. Combine this with the growth of cloud services, the poor security of cloud services, smartphones, and the Internet of Things (IoT), and you have a multitude of security vulnerabilities.
Even though they are increasingly similar, we need to know the difference between information security testing and cybersecurity.
Cybercrimes are receiving more attention from governments around the globe. The GDPR is an excellent example. The GDPR has increased the damage to reputation caused by data breaches.
- Communicate data breaches
- Nominate a Data Protection Officer
- Process information only with the consent of the user
- Anonymize data for privacy
The trend toward public disclosure is not confined to Europe. In the United States, there is no national law that regulates data breach disclosure.
Still, there are laws covering data breaches in all 50 States. There are some commonalities:
- Notification of affected persons as soon as possible
- Tell the government as soon as you can
- You may have to pay a fine
California was the very first state in 2003 to regulate data breach disclosures. It required that businesses and individuals notify affected parties "without unreasonable delay" and "immediately upon discovery." Frameworks were released to help organizations better understand their security risks and improve cybersecurity measures.
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Types of Cybersecurity
Cybersecurity is an expansive field that includes many disciplines.
Cloud Vulnerability
Cloud storage has many benefits, including integrated firewalls and cybersecurity measures that are consistent. It allows restricted access to servers that are encrypted.
There are risks. The National Security Agency warns about four types of vulnerabilities: misconfigurations; lax access controls; shared tenancy, and more.
Cloud solutions are vulnerable to insecure APIs and lack of multifactor authentication.
Mobile Attacks
Cell phone users in the US use their phones on average 4 hours, 23 minutes per day. Mobile phones are used widely.
Mobile phones are essential for relationships and interpersonal communication. Smartphones are similar to desktop computers and notebooks. Security risks include spyware, weak passwords, harmful software, and SMS.
Cyberattacks are the most common. Malware is a term used to describe harmful computer viruses such as worms and trojan horses.
Malware can be introduced to a system through a flaw in security assessment. A malicious hyperlink will download malware to an attached document when clicked.
The Complexity Of Phishing Has Increased
Phishing has become more sophisticated. Digital ads are being used to encourage recipients to click links that can lead to the download of malware or the disclosure of private information.
Most workers know the dangers of opening suspicious emails and clicking on links. Hackers use machine learning to create clear fake messages and send them to recipients to prevent access to the company's networks and systems.
The threat has grown. Hackers can use these attacks to gain access to private databases and steal credit card numbers, among other financial information.
Ransomware Strategy Develops
Ransomware costs victims every year billions of dollars. Hackers can control the databases of individuals or companies using technology and then demand a ransom.
Bitcoin and other cryptocurrencies have grown in popularity due to anonymous ransom payments. Hackers will continue targeting high-net-worth individuals as companies improve their defenses from ransomware intrusions.
API Security
Modern applications use APIs to collect and communicate data with other software and cyber security company services and to interact with other software.
APIs are used to connect or communicate with external systems, as well as receive data.
API security measures include secure authentication tokens, multi factor authentication, and sanitation of inputs from users to prevent injection attacks.
API solutions allow these security measures to be implemented centrally.
Denial of Service Attack
Businesses are susceptible to denial of service attacks. Attackers overload systems, networks, servers, and other devices to crash them.
Overloaded servers can cause a website to crash. The service is bad. This attack is often referred to as DDoS or an attack when multiple compromised systems are being used.
Let's now look at how you can stop a DDoS.
- Analyze your traffic to detect malicious traffic.
- Watch out for warning signs such as sudden site closures or slowdowns on your network. In such cases, an organization must take immediate action.
- Prepare a list of possible events and an action plan to deal with them. Prepare your staff for a DDoS.
- Cloud service providers can reduce DDoS (Denial-of-Service) attacks.
Cyber-Physical Attacks
The technology that allows us to update and computerize infrastructure can be hazardous. Hacking attacks on water treatment plants and transportation networks, as well as electrical grids, are becoming more common.
Public, private, and hybrid cloud network security are all protected, including technology, rules, controls, and procedures.
Insider Threat
A member of an organization, and not a tertiary, makes insider threats. A company's insider can be held responsible.
Insider threats can be dangerous. Small organizations are at risk from insider attacks because staff have access to many accounts and data. Many different people are responsible for these attacks.
These attacks can be motivated by either greed or hate, as well as neglect. Insider risks are difficult to predict and prepare for.
State Sponsored Attacks
Hackers don't just want to make money from stealing corporate and personal data. Whole countries are using cyber expertise to attack critical infrastructures and compromise security systems.
Cybercrime is a serious threat to the government, the private sector, and the entire country.
Why Is Cybercrime On The Rise?
Information theft is one of the fastest-growing segments of cybercrime. The increasing use of cloud services to expose identity information on the Internet is a major factor.
It's not just the cloud that is at risk. Cyber attacks can also be used to undermine data integrity and destroy or alter data to create distrust for an organization or government.
Cybercriminals have become more sophisticated.
Ransomware, phishing, and spyware are the most common forms of cyber attacks. Another common attack vector is third-party or fourth-party vendors that process your data but have poor cybersecurity practices.
This makes vendor risk management and Third-party Risk Management all the more crucial. The average cost of cybercrime has risen by $1.4m over the past year to $13.0m, and the average number of data breaches increased by 11% to 145.
Information risk management is more important than ever.
Other targets of industrial espionage include trade secrets, intellectual property, or protected health information.
Data breaches can also be referred to as unintentional disclosure of information, cloud leaks, information leakage, or data spills.
Cybercrime is also fueled by the following:
- The Internet is a distributed network
- Cybercriminals' ability to target targets outside of their jurisdiction makes it extremely difficult for police to enforce the law.
- Increased profitability and ease of trade on the dark Web
- Mobile devices and the Internet of Things are on the rise.
Read More: Top Ways to Prevent Cyber Security Threats
Integrating Safety and Security Strengthens Cybersecurity
Risk Mitigation
Many potential security threats could affect Safety. To mitigate a company's safety-based security risk, it must first be understood where the most vulnerable are.
It is important to conduct separate assessments of safety and security risks, then compare the reports to determine where Safety has the greatest impact on security. The user can then address the unique risks they face.
Digital transformation provides manufacturers with production intelligence that allows them to measure and improve nearly all aspects of their operations.
The digital transformation also allows for instantaneous sharing of information and seamless collaboration between organizations.
More connection points can also create more security threats. The IIoT brings opportunity, risks, and the ability to integrate Safety and security into operations.
Security A Proactive Approach
To protect themselves against cyberattacks, industrial organizations need to prioritize Safety and reliability. A paradigm shift is needed to keep pace with the growing risks and reporting requirements.
Five areas of focus or steps can be used to assess and improve cybersecurity hygiene and an integrated IT and OT security strategy.
Step No. 1: Identity: One of the biggest obstacles to building an effective cybersecurity program is the fact that many production environments have poor inventories.
Users who don't know the components of their network (whether it's an ICS or a type of productivity software that is used by employees) can't properly secure this environment.
Identify, map, and verify all the devices connected to your network. This can be done by the user or a partner who offers asset identification services and tools.
The first step is to determine vulnerabilities and the initial risk posture.
A zero-trust approach to reviewing operations is another helpful technique for understanding what exactly needs protecting.
Use the best protection controls as close to the protected data as possible.
Step No.2: Protect: Many protective measures can be implemented. Select controls that align with compliance standards and security frameworks, such as NIST CSF.
This includes multi factor authentication and access control. It also includes data security, perimeter networks, micro-segmentation, and data security. These countermeasure controls can help you manage risks proactively and safeguard the data essential to your business.
Step No. 3: Detection: To protect industrial networks from cyber threats, you must be vigilant at all times.
Users need to be able to see in real-time how assets are being accessed and manipulated by others.
These services help users detect and monitor these complex threats. These services offer visibility at all levels in IT and OT environments.
They not only monitor and inspect all assets but also provide real-time monitoring.
Managed threat detection can be a powerful defense against cybercrime, particularly in environments such as critical infrastructure, industrial manufacturing, and other OT environments.
An OT Security Operations Center (SOC) staffed by experienced security veterans offers a unique combination of talent, technology, and first-hand knowledge. It is hard for individual organizations to replicate this cybersecurity protection expertise at the same price. The convergence of IT security tools, such as Security Information and Event Management (SIEM) or Security Orchestration, Automation, and Response (SOAR), will lead to the rapid adoption of these security tools.
Step 4: Respond: If an incident happens, you must respond quickly and deal with the problem before it escalates.
It is important to have threat detection services set up in advance for effective risk management. A well-developed incident response plan, or disaster recovery plan, will minimize downtime and restore production.
Step No. 5: Recover: The priority following a security-related outage is to restore production as quickly as you can.
It's crucial to use backup services and restore data in near-real time for this step. These resources will enable users to resume their normal operations following an incident and shorten the recovery process.
After the operation is back to normal, you should investigate the incident thoroughly and identify its root cause.
This analysis will reveal ways to improve security posture and close security gaps. This will make the organization more resilient in the future to similar threats.
What Are The Effects Of Cybercrime?
Cybercrime is expensive for many reasons. These factors are all related to a lack of focus on cybersecurity best practices.
A lack of focus on cybersecurity could damage your business.
Economic Costs
Thefts of corporate information and intellectual property, as well as disruptions in trading and costs of repairing damaged systems, are all serious concerns.
Reputational Cost
Poor media coverage, loss of customer trust, current and future customers going to competitors
Costs of Regulation
Cybercrimes could result in regulatory fines and sanctions for your organization. No matter the size of your business, you must make sure that all employees are aware of cybersecurity threats and know how to minimize them.
Regular training should be provided, as well as a framework that can help reduce the risk of data breaches or leaks.
It is hard to estimate the costs associated with many security breaches, given the complexity of cybercrime. It doesn't mean that the damage to reputation caused by even a minor data breach or security incident isn't significant.
Consumers expect more sophisticated cybersecurity measures over time.
Benefits of Cybersecurity
Cybersecurity has many advantages for both personal and professional life. These benefits are available to everyone.
Hackers Trying To Access Your Data
Cybersecurity is a way to protect data. Firewalls and web servers are among the tools and methods used to protect cyberspace.
Access to resources is restricted by the user's tasks or privileges.
Reduced Risk Of Data Theft
Cyber security is the protection of your computer against malicious users and unauthorized access. This protocol improves security and usability.
Improved Data Useability and System Usability
Cyber security improves efficiency and effectiveness through the protection of networks against cyber-attacks. Cyber security can also improve data quality, as it is less dangerous.
Protect Your Business Reputation
A data breach may damage trust. Data breaches have caused severe damage to a company's image, as several incidents have shown.
They may not be able to offer a positive experience to customers and increase brand loyalty after an attack. Cybersecurity solutions are used by organizations to prevent system failures. Cybersecurity can provide opportunities for new ideas, new projects, and improved security.
Remove Unwanted And Harmful Programs
Cyber security is more than just scanning documents and protecting them.
It scans the data and network to detect vulnerabilities and prevent unauthorized installation. The program will detect any spyware, virus, malware, or other threats and remove them.
Drawbacks of CyberSecurity
Not for Everyone
The business and the client base must both pay for services and maintenance. This is seen as a cost. To protect their systems and data from online threats, small and medium-sized businesses must spend more on cybersecurity.
They must be aware of the importance and reduce their spending on cybersecurity. A firewall or antivirus is not necessary for anyone who has an Internet connection or a computer but cannot afford one.
Windows Defender and antivirus software are both free but do not protect against cyber-attacks.
Complex
It can be difficult for business people or users to understand cyber security field methods because they require a great deal of time and effort.
It is possible that users who are not familiar with cyber-security will not be able to benefit. Hackers may take advantage and cause data loss. Hackers can quickly gain access to an organization without a security system.
To prevent harm, cybersecurity experts need to understand the complexity of cybersecurity.
Security Patches Could Backfire
Security professionals spend a great deal of time and effort in creating patches that fix vulnerabilities. Hackers start their work immediately after a security patch or update is released.
Hackers compare the original version to the patched version to identify vulnerabilities. Hackers may attack unpatched documents, and their fixes could have the opposite impact on the system they are meant to protect.
Constant Monitoring
Hackers and cybercriminals try to break into a company's system regularly. Businesses must review their security policies regularly to be able to resist these attacks.
It has two benefits. This has two benefits. It ensures that your system is up-to-date, detects any potential risks, and works.
The Incorrect Configuration Of The System Prevents The Firewalls From Being Enabled
Firewalls can be a powerful tool to ensure online security. If they aren't configured correctly, they can limit access to certain operations and services.
Configuring the firewall system can correct this. Hire a security expert who has no technology background. It's possible that some versions or updates won't work as intended after installation.
Analysts must allow the system's intended functionality while adhering to all security standards.
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Conclusion
Cybercriminals employ a similar technique to identify the weakest link and how much effort is required to break it.
Cybercrime is a test to see how much effort it takes to access valuable data and information. An attacker could disable your failover system if you have mission-critical systems that are constantly failing but designed in a resilient manner.
This would distract the operational staff while the attacker infiltrates the organization and deploys malware.
Phishing is the most common proof of cyber-attacks. Social engineering attacks are carried out by a perpetrator who pretends to be someone they trust and sends a fake email.
The victim clicks or opens the link before realizing that they have been infected. The attackers can use it to gain access to confidential information or account details. Through a phishing scam, they may be able to install malware.
Boards may want to consider transforming their cyber strategy into a threat-centric approach, with an active approach for identifying weaknesses and resolving them.
It could be physical security or other platforms that are vulnerable in an environment. Other cyber security services provider or vulnerabilities in the supply chains can also be included.
