Ungated Post | 05 Feb 2019
Internet of Threats – Securing the Internet of Things for industrial and utility companies
The rapid rise of the Internet of Things (IoT) demands a new look at security. With network vulnerabilities and the potential for industrial process interruption, companies need to develop new strategies to mitigate and manage cyber-risks.
The IBM Institute for Business Value Benchmarking Program worked with Oxford Economics to understand how organizations:
- Identify and protect themselves against the cybersecurity risks posed by deploying the Internet of Things (IoT) in their operations/factories
- Detect, respond to, and recover from IoT related cyber-security incidents; and
- Measure the effectiveness of their risk and incident management capabilities.
We surveyed 700 executives in 20 countries across 18 industries in the industrial and energy and utilities sectors, who:
- Have deployed or are in the process of deploying the IoT in their factories/ operations;
- Have a point of view on security; and
- Are using an Industrial Control System (ICS) and/or Supervisory Control and Data Acquisition (SCADA) system in their operations.
Our Thought Leadership team produces original, evidence-based research made accessible to decision-makers and opinion leaders.
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
Related Services
Post
The Economic Impact of the On-demand Service Industry in Indonesia
This report examines the contributions of the on-demand service industry to Indonesia’s economy, quantifying its economic impact and highlighting the socio-economic value the industry creates for gig workers and small businesses.
Find Out More
Post
The Economic Impact of Grab in Singapore
This report examines Grab’s contributions to Singapore’s economy, quantifying its economic footprint and highlighting the platform’s contribution to the digital economy, and the socioeconomic opportunities it creates for gig workers and small businesses.
Find Out More
Post
The Economic Impact of Regenerating Old Trafford
Manchester United is considering several options for the development of their stadium at Old Trafford. As such, there is a need to understand the net socioeconomic benefits that could be generated by a potential new stadium at a local, regional, and national level.
Find Out More